The Graveyard › Banks › 1984
The First National Bank of Rushford
Rushford, MN · failed May 4, 1984 · FDIC certificate 5239
The First National Bank of Rushford of Rushford, MN failed on May 4, 1984. It opened on September 23, 1902, 81 years before. At its last report before that it held $22.0 million in assets and $21.4 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $7.3 million on it.
Assets at the end$22.0 millionlast report before May 4, 1984
Deposits at the end$21.4 million
Estimated loss to the fund$7.3 millionFDIC
Equity to assets1.1%March 31, 1984
Loans not being repaid8.3%noncurrent, March 31, 1984
Return on assets-9.97%a year's rate, March 31, 1984
Staff16full time, March 31, 1984
On the FDIC's list: THE FIRST NAT BK OF RUSHFORD.
Take today's blind testAlso ended in 1984
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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.