Data / Bank failures / 1980 / First National BK of Carrington
First National BK of Carrington, Carrington, ND: failed February 12, 1980
First National BK of Carrington in Carrington, North Dakota, failed on February 12, 1980. It held $12.4 million in assets and $11.2 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $221,154 (1.8% of its assets). By assets it was the 17th largest of 22 banks closed or assisted in 1980.
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The FDIC's record
- Closed
- February 12, 1980
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $12,444,000
- Total deposits
- $11,184,000
- Estimated cost to the FDIC
- $221,154 (estimate as of July 31, 2026)
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- FDIC
- FDIC certificate
- 19177
Other bank failures in North Dakota, 1978 to 1982
| 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 1980 · 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.