Bank failure · MN

Midland Fs&la (Moorhead, MN) — failed December 2, 1985

Midland Fs&la of Moorhead, Minnesota was closed on December 2, 1985 and resolved through a a/a. Midland Fs&la (MN) took over its insured deposits. At failure it held $38.0M in assets and $40.9M in deposits. The FDIC's estimated loss on the failure is $48.9M (128.7% of assets).