Data / Bank failures / 1992 / First Security Bank of Anaconda
First Security Bank of Anaconda, Anaconda, MT: failed March 16, 1992
First Security Bank of Anaconda in Anaconda, Montana, failed on March 16, 1992. Bank of Montana Anaconda of Anaconda, MT, took over its deposits. It held $31.6 million in assets and $30.2 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $6 million (19% of its assets). By assets it was the 146th largest of 181 banks closed or assisted in 1992.
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The FDIC's record
- Closed
- March 16, 1992
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Bank of Montana Anaconda, Anaconda, MT
- Total assets
- $31,553,000
- Total deposits
- $30,234,000
- Estimated cost to the FDIC
- $5,989,920 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- BIF
- FDIC certificate
- 19801
All bank failures in 1992 · All bank failures in Montana · 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.