Bank failure · MT

The Village Bank (Great Falls, MT) — failed April 22, 1988

The Village Bank of Great Falls, Montana was closed on April 22, 1988 and resolved through a purchase and assumption. Village Bank of Great Fa (MT) took over its insured deposits. At failure it held $21.7M in assets and $19.5M in deposits. The FDIC's estimated loss on the failure is $895K (4.1% of assets).