Bank failure · WI

The First National Bank of Blanchardville (Blanchardville, WI) — failed May 9, 2003

The First National Bank of Blanchardville of Blanchardville, Wisconsin was closed on May 9, 2003 and resolved through a purchase and assumption (insured deposits). The Park Bank (WI) took over its insured deposits. At failure it held $34.5M in assets and $28.8M in deposits. The FDIC's estimated loss on the failure is $12.8M (37.0% of assets).