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Data / Bank failures / 1982 / Fidelity FS&LA

Fidelity FS&LA, Valley City, ND: received FDIC assistance June 10, 1982

Fidelity FS&LA in Valley City, North Dakota, received open bank assistance from the FDIC on June 10, 1982. It held $63 million in assets and $58.8 million in deposits at its last report. By assets it was the 61st largest of 119 banks closed or assisted in 1982.

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The FDIC's record

Closed
June 10, 1982
Type
Open bank assistance
How it was resolved
Open bank assistance: the FDIC assisted the bank without closing it
Acquirer
Midwest FS&LA, Minot, ND
Total assets
$62,995,760
Total deposits
$58,767,095
Charter
Savings and loan association
Insurance fund
FSLIC
FDIC certificate
27899

The FDIC record

Other bank failures in North Dakota, 1980 to 1984

BankCityClosedAssetsDepositsEstimated costAcquirer
First FS and La of Grand Forks and Minot (assistance)MinotApril 2, 1984$246 million$210.6 million$40.5 millionMidwest FSB
First National BK of CarringtonCarringtonFebruary 12, 1980$12.4 million$11.2 million$221,154

All bank failures in 1982 · All bank failures in North Dakota · The full failed bank list

Read from the FDIC's failures data (BankFind), last updated 2026-10-23. 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.