TellerScore

Bank failure · WI

Strong'S Bank (Dodgeville, WI) — failed June 14, 1985

Strong'S Bank of Dodgeville, Wisconsin was closed on June 14, 1985 and resolved through a insured deposit transfer. M&i Bank of Dodgeville (WI) took over its insured deposits. At failure it held $30.7M in assets and $28.2M in deposits. The FDIC's estimated loss on the failure is $2K (0.0% of assets).

Closing date
June 14, 1985
FDIC certificate #
11613
Resolution
Insured deposit transfer (failure)
Acquiring institution
M&i Bank of Dodgeville
Insurance fund
FDIC

Other failures in 1985

What happens when a bank fails