Bank failure · IA
Williams Savings Bank (Williams, IA) — failed March 20, 1986
Williams Savings Bank of Williams, Iowa was closed on March 20, 1986 and resolved through a purchase and assumption. Iowa Falls State Bank (IA) took over its insured deposits. At failure it held $12.8M in assets and $11.7M in deposits. The FDIC's estimated loss on the failure is $359K (2.8% of assets).
- Closing date
- March 20, 1986
- FDIC certificate #
- 12667
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Iowa Falls State Bank
- Insurance fund
- FDIC
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