Data / Bank failures / 1984 / Golden Spike State Bank
Golden Spike State Bank, Tremonton, UT: failed December 4, 1984
Golden Spike State Bank in Tremonton, Utah, failed on December 4, 1984. Golden Spike Bank of Tremonton, UT, took over its deposits. It held $7.8 million in assets and $7.3 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $3.6 million (45.9% of its assets). By assets it was the 92nd largest of 106 banks closed or assisted in 1984.
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The FDIC's record
- Closed
- December 4, 1984
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Golden Spike Bank, Tremonton, UT
- Total assets
- $7,788,000
- Total deposits
- $7,269,000
- Estimated cost to the FDIC
- $3,575,139 (estimate as of July 31, 2026)
- Charter
- State member bank (Federal Reserve)
- Insurance fund
- FDIC
- FDIC certificate
- 22999
Other bank failures in Utah, 1982 to 1986
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Summit S&LA | Park City | April 16, 1986 | $210.7 million | $180.7 million | $46.1 million | |
| Family Bank | Ogden | March 28, 1986 | $28 million | $24.7 million | $2.8 million | Commercial Security Bank |
| Pioneer State Bank | Salt Lake City | January 24, 1986 | $11.7 million | $10.9 million | $537,223 | Zions First National Ban |
| Utah Firstbank | Salt Lake City | January 24, 1986 | $38.5 million | $39.6 million | $10.3 million | Citibank Utah |
| The Citizens Bank | Ogden | October 18, 1985 | $93.5 million | $85.5 million | $33.9 million | Commercial Security Bank |
| State S&LA | Salt Lake City | April 12, 1985 | $639 million | $418 million |
All bank failures in 1984 · All bank failures in Utah · 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.