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)