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Bank Failures & Assistance

The list of Bank Failures and Assistance Transactions is updated through December 15, 2000. Please address questions on this subject to the Customer Service Hotline (telephone: 888-206-4662).

2000

BIF = Bank Insurance Fund
SAIF = Savings Association Insurance Fund

December 14 (BIF)
National State Bank, Metropolis, Illinois, with total assets of approximately $91.7 million and total deposits of about $71 million and insured deposits of approximately $67 million was assumed by Banterra Bank, Marion, Illinois (PR-90-2000).

October 13 (BIF)
The Bank of Honolulu, Honolulu, Hawaii, with total deposits of $59.5 million and total assets of approximately $66.9 million. Insured deposits of $57.3 million and $52.2 million in assets assumed by the Bank of the Orient, San Francisco, California (PR-70-2000).

September 29 (BIF)
The Bank of Falkner, Falkner, Mississippi, with total deposits of $77.1 million and total assets of approximately $88.8 million. Insured deposits of $69.8 million and $21.7 million in assets assumed by Citizens Bank & Savings Company, Russellville, Alabama (PR-66-2000).

July 14 (BIF)
Town and Country Bank of Almelund, Almelund, Minnesota, with total deposits of $27.7 million and total assets of approximately $30.1 million. Insured deposits of $26.5 million and $11.1 million in assets assumed by S&C Bank, Minnesota, Almelund, Minnesota. (PR-49-2000)

June 2 (BIF)
Monument National Bank, Ridgecrest, California, with total deposits of $9.8 million and total assets of approximately $10 million. All deposits and $3.7 million in assets assumed by Israel Discount Bank, New York, New York (PR-39-2000)

March 10 (SAIF)
Mutual Federal Savings Bank of Atlanta, Atlanta, Georgia, with total deposits of $30.0 million and total assets of $33.8 million. All deposits and $29.8 million in assets assumed by Citizens Trust Bank, Atlanta, Georgia. (PR-17-2000)

January 14 (BIF)
Hartford-Carlisle Savings Bank, Carlisle, Iowa, with total deposits of $68.5 million and total assets of approximately $113.8 million. Approximately $52.6 million in insured deposits and $3.9 million in assets assumed by Citizens Bank, Carlisle, Iowa, a newly chartered subsidiary of Spectrum Bancorp, Omaha, Nebraska (PR-4-2000)

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Last Updated 01/25/2008 Customer Service

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