Data / Bank failures / 1983 / First FS&LA of Walworth County
First FS&LA of Walworth County, Delavan, WI: received FDIC assistance June 2, 1983
First FS&LA of Walworth County in Delavan, Wisconsin, received open bank assistance from the FDIC on June 2, 1983. It held $38.3 million in assets and $32.4 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $2.6 million (6.9% of its assets). By assets it was the 56th largest of 99 banks closed or assisted in 1983.
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The FDIC's record
- Closed
- June 2, 1983
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Anchor SAVINGS&LOAN Assn, Madison, WI
- Total assets
- $38,345,904
- Total deposits
- $32,409,340
- Estimated cost to the FDIC
- $2,629,756 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 31207
Other bank failures in Wisconsin, 1981 to 1985
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Strong's Bank | Dodgeville | June 14, 1985 | $30.7 million | $28.2 million | $1,659 | M&I Bank of Dodgeville |
All bank failures in 1983 · All bank failures in Wisconsin · 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.