Data / Bank failures / 1982 / Home Trust S&LA
Home Trust S&LA, Vermillion, SD: received FDIC assistance December 20, 1982
Home Trust S&LA in Vermillion, South Dakota, received open bank assistance from the FDIC on December 20, 1982. It held $13.2 million in assets and $12.1 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $300,000 (2.3% of its assets). By assets it was the 102nd largest of 119 banks closed or assisted in 1982.
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The FDIC's record
- Closed
- December 20, 1982
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Home Trust S&LA, Vermillion, SD
- Total assets
- $13,175,113
- Total deposits
- $12,102,096
- Estimated cost to the FDIC
- $300,000 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 31574
Other bank failures in South Dakota, 1980 to 1984
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Mitchell Home S&LA (assistance) | Mitchell | August 1, 1984 | $16.6 million | $18 million | Metropolitan Fed BK FSB | |
| Farmers State Bank | Lyons | June 15, 1984 | $3.2 million | $3 million | $854,695 | Dakota State Bank |
| Community Bank | Hartford | June 17, 1983 | $32 million | $28.3 million | $5.9 million | Western Bank |
| First Dakota Home S&LA (assistance) | Pierre | June 10, 1983 | $27.8 million | $26.1 million | $1.8 million | Home FS&LA Sioux Falls |
| First FS&LA of Sioux Falls (assistance) | Sioux Falls | June 10, 1983 | $78 million | $75.3 million | $6.9 million | Home FS&LA Sioux Falls |
| First Dakota Home S&LA (assistance) | Pierre | September 20, 1982 | $27.8 million | $25.6 million | $1.1 million | First Dakota Home S&LA |
| First FS&LA of Sioux Falls (assistance) | Sioux Falls | September 20, 1982 | $78.2 million | $74.3 million | $2.9 million | First Dakota Home S&LA |
| Perpetual S&LA (assistance) | Rapid City | September 15, 1981 | $49.7 million | $39.2 million | $9.4 million | First FS&LA of Rapid City |
All bank failures in 1982 · All bank failures in South 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.