Data / Bank failures / 2008 / Department Stores National Bank
Department Stores National Bank, Sioux Falls, SD: received FDIC assistance November 23, 2008
Department Stores National Bank in Sioux Falls, South Dakota, received open bank assistance from the FDIC on November 23, 2008. It held $374.9 million in assets and $300.9 million in deposits at its last report. By assets it was the 18th largest of 30 banks closed or assisted in 2008.
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The FDIC's record
- Closed
- November 23, 2008
- Type
- Open bank assistance
- Total assets
- $374,903,000
- Total deposits
- $300,881,000
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- DIF
- FDIC certificate
- 58180
Other bank failures in South Dakota, 2006 to 2010
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Bankfirst | Sioux Falls | July 17, 2009 | $210.8 million | $232.2 million | $110.2 million | Alerus Financial, National Association |
| Citibank (south Dakota), N.A. (assistance) | Sioux Falls | November 23, 2008 | $77.74 billion | $42.36 billion |
All bank failures in 2008 · All bank failures in South Dakota · The full failed bank list
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.