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Bank failure · WI

Monycor Savings Bank (Barron, WI) — failed July 12, 1991

Monycor Savings Bank of Barron, Wisconsin was closed on July 12, 1991 and resolved through a purchase and assumption. Branch Sale (NA) took over its insured deposits. At failure it held $151.7M in assets and $137.6M in deposits. The FDIC's estimated loss on the failure is $1.9M (1.3% of assets).

Closing date
July 12, 1991
FDIC certificate #
29295
Resolution
Purchase and assumption (failure)
Acquiring institution
Branch Sale
Insurance fund
RTC

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