Bank failure · SD
Tri-State National Bank (Belle Fourche, SD) — failed November 10, 1987
Tri-State National Bank of Belle Fourche, South Dakota was closed on November 10, 1987 and resolved through a insured deposit transfer. First Western Bank Sturg (SD) took over its insured deposits. At failure it held $10.7M in assets and $10.7M in deposits. The FDIC's estimated loss on the failure is $1.8M (17.1% of assets).
- Closing date
- November 10, 1987
- FDIC certificate #
- 22945
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- First Western Bank Sturg
- Insurance fund
- FDIC
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