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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