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Bank Failures

Failed Bank Information for First Bank of Idaho, Ketchum, ID

On Friday, April 24, 2009, First Bank of Idaho was closed by the Office of Thrift Supervision (OTS). The FDIC was named Receiver. U.S. Bank, National Association (U.S. Bank), Minneapolis, MN acquired all deposit accounts.

The FDIC as Receiver for First Bank of Idaho, Ketchum, ID has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on February 1, 2023 and has made all dividend distributions required by law.

Effective November 1, 2023, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.

Receivership Status: TERMINATED

Icon for Notice of Termination

Notice of Termination

Effective Date: November 1, 2023
Icon for Notice of Intent to Terminate

Notice of Intent to Terminate

Publication Date: February 1, 2023
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Balance Sheet

Report on assets and liabilities
Icon for Dividend Information

Dividend Information

Report on dividends paid

Beware of Scams


If you are concerned about becoming a victim of fraud, be advised that you will not receive any communication from the FDIC requesting any private information. Be watchful for and resistant to any scams to obtain information from you by individuals or entities stating they are acting on behalf of First Bank of Idaho, U.S. Bank, or the FDIC. The FDIC, however, will encourage you to correspond with us via the FDIC Claims Portal, a secure web portal.

TRANSACTION DOCUMENTATION

Purchase & Assumption Agreement
Agreement between FDIC and acquiring institution

Frequently Asked Questions
 

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Last Updated: August 4, 2024