The Graveyard › Banks › 1982
Farmers & Mechanics Savings Bank of Minnea
Minneapolis · assisted February 20, 1982 · FDIC certificate 12008
Farmers & Mechanics Savings Bank of Minnea of Minneapolis was given assistance by the FDIC on February 20, 1982. The FDIC's list records an assistance transaction, not a closing. It opened in 1874, 108 years before. At its last report before that it held $1.0 billion in assets and $842.0 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $52.4 million on it.
Assets at the end$1.0 billionlast report before February 20, 1982
Deposits at the end$842.0 million
Estimated loss to the fund$52.4 millionFDIC
Also ended in 1982
- First Fs&La of Chicago · Galena · $3.5 billion in assets · assisted
- The New York Bank for Savings · New York · $3.5 billion in assets · assisted
- Talman Home, Fs&La · Chicago · $3.4 billion in assets
- Fidelity S&LA · San Francisco · $2.9 billion in assets · assisted
- The Western Saving Fund Society of Philade · Philadelphia · $2.1 billion in assets · assisted
- County Fs&La · Rockville Centre · $1.4 billion in assets · assisted
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.