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Data / Bank failures / Midwest FS&LA of Minneapoli

Failed banks taken over by Midwest FS&LA of Minneapoli: 4

Midwest FS&LA of Minneapoli took over 4 failed banks between February 21, 1986 and June 29, 1987, holding $487.4 million in assets and $451 million in deposits. The FDIC estimates the cost to its insurance fund at $264.8 million. The largest: Capitol S&LA ($192 million), Ramona S&LA ($108.1 million), Investors Federal Bank ($97.5 million).

SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.

Every bank it took over, newest first

BankCityStateClosedAssetsDepositsEstimated costAcquirer
United FS&LADurantOKJune 29, 1987$89.8 million$78.2 million$46.4 millionMidwest FS&LA of Minneapoli
Investors Federal BankEl RenoOKJune 18, 1987$97.5 million$96.3 million$60 millionMidwest FS&LA of Minneapoli
Ramona S&LAFillmoreCASeptember 12, 1986$108.1 million$96 million$59.5 millionMidwest FS&LA of Minneapoli
Capitol S&LAMount PleasantIAFebruary 21, 1986$192 million$180.5 million$99 millionMidwest FS&LA of Minneapoli

Other acquiring banks

Read from the FDIC's failures data (BankFind), last updated 2026-10-24. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.