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Bank failure · MN

Northern Fs&la (St. Paul, MN) — failed June 24, 1983

Northern Fs&la of St. Paul, Minnesota was closed on June 24, 1983 and resolved through a a/a. Twin City Fs&la (MN) took over its insured deposits. At failure it held $267.3M in assets and $135.4M in deposits. The FDIC's estimated loss on the failure is $1.8M (0.7% of assets).

Closing date
June 24, 1983
FDIC certificate #
28255
Resolution
A/A (assistance)
Acquiring institution
Twin City Fs&la
Insurance fund
FSLIC

Other failures in 1983

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