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Bank failure · SD

Home Trust S&la (Vermillion, SD) — failed December 20, 1982

Home Trust S&la of Vermillion, South Dakota was closed on December 20, 1982 and resolved through a a/a. Home Trust S&la (SD) took over its insured deposits. At failure it held $13.2M in assets and $12.1M in deposits. The FDIC's estimated loss on the failure is $300K (2.3% of assets).

Closing date
December 20, 1982
FDIC certificate #
31574
Resolution
A/A (assistance)
Acquiring institution
Home Trust S&la
Insurance fund
FSLIC

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