Data / Bank failures / 1984 / First FS and La of Grand Forks and Minot
First FS and La of Grand Forks and Minot, Minot, ND: received FDIC assistance April 2, 1984
First FS and La of Grand Forks and Minot in Minot, North Dakota, received open bank assistance from the FDIC on April 2, 1984. It held $246 million in assets and $210.6 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $40.5 million (16.5% of its assets). By assets it was the 11th largest of 106 banks closed or assisted in 1984.
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The FDIC's record
- Closed
- April 2, 1984
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Midwest FSB, Minot, ND
- Total assets
- $245,988,000
- Total deposits
- $210,581,000
- Estimated cost to the FDIC
- $40,485,000 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 29184
Other bank failures in North Dakota, 1982 to 1986
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Fidelity FS&LA (assistance) | Valley City | June 10, 1982 | $63 million | $58.8 million | Midwest FS&LA |
All bank failures in 1984 · 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.