Data / Bank failures / 1981 / Home Sa
Home Sa, Minneapolis, MN: received FDIC assistance January 18, 1981
Home Sa in Minneapolis, Minnesota, received open bank assistance from the FDIC on January 18, 1981. It held $686.4 million in assets and $492.6 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $73.6 million (10.7% of its assets). By assets it was the 9th largest of 40 banks closed or assisted in 1981.
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The FDIC's record
- Closed
- January 18, 1981
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- First FS&LA of Minneapolis, Minneapolis, MN
- Total assets
- $686,365,036
- Total deposits
- $492,649,105
- Estimated cost to the FDIC
- $73,649,960 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 28693
Other bank failures in Minnesota, 1979 to 1983
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Northern FS&LA (assistance) | ST. Paul | June 24, 1983 | $267.3 million | $135.4 million | $1.8 million | Twin City FS&LA |
| State Bank of Barnum | Barnum | February 9, 1983 | $13.9 million | $13.1 million | $1.7 million | |
| Farmers & Mechanics Savings Bank of Minnea (assistance) | Minneapolis | February 20, 1982 | $1.01 billion | $842 million | $52.4 million | Farmers & Mechanics Savings |
All bank failures in 1981 · All bank failures in Minnesota · 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.