Data / Bank failures / 2012 / Inter Savings Bank, FSB D/b/a/ Interbank, FSB
Inter Savings Bank, FSB D/b/a/ Interbank, FSB, Maple Grove, MN: failed April 27, 2012
Inter Savings Bank, FSB D/b/a/ Interbank, FSB in Maple Grove, Minnesota, failed on April 27, 2012. Great Southern Bank of Reeds Spring, MI, took over its deposits. It held $463.8 million in assets and $458.1 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $79.7 million (17.2% of its assets). By assets it was the 6th largest of 51 banks closed or assisted in 2012.
SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.
The FDIC's record
- Closed
- April 27, 2012
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Great Southern Bank, Reeds Spring, MI
- Total assets
- $463,840,000
- Total deposits
- $458,053,000
- Estimated cost to the FDIC
- $79,681,479 (estimate as of July 31, 2026)
- Charter
- Savings bank
- Insurance fund
- DIF
- FDIC certificate
- 31495
Other bank failures in Minnesota, 2010 to 2014
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Northern Star Bank | Mankato | December 19, 2014 | $18.8 million | $18.2 million | $3.9 million | Bankvista |
| 1ST Regents Bank | Andover | January 18, 2013 | $49.6 million | $49.1 million | $12.2 million | First Minnesota Bank |
| First Commercial Bank | Bloomington | September 7, 2012 | $215.9 million | $206.8 million | $65.2 million | Republic Bank & Trust Company |
| Home Savings of America | Little Falls | February 24, 2012 | $434.1 million | $432.2 million | $43 million | |
| Patriot Bank Minnesota | Forest Lake | January 27, 2012 | $105 million | $102.8 million | $35.3 million | First Resource Bank |
| The Riverbank | Wyoming | October 7, 2011 | $419.7 million | $384.1 million | $71.2 million | Central Bank |
| Rosemount National Bank | Rosemount | April 15, 2011 | $21.5 million | $21 million | $5.4 million | Central Bank |
| Community National Bank | Lino Lakes | December 17, 2010 | $31.6 million | $28.8 million | $5.8 million | Farmers & Merchants Savings Bank |
Other failed banks Great Southern Bank took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Valley Bank | Moline | IL | June 20, 2014 | $456.4 million | $360 million | $47.8 million | Great Southern Bank |
| Sun Security Bank | Ellington | MO | October 7, 2011 | $351.5 million | $280.6 million | $93.1 million | Great Southern Bank |
| Vantus Bank | Sioux City | IA | September 4, 2009 | $503.6 million | $394.4 million | $101.6 million | Great Southern Bank |
| Teambank, N.A. | Paola | KS | March 20, 2009 | $669.8 million | $532.5 million | $134.6 million | Great Southern Bank |
All bank failures in 2012 · All bank failures in Minnesota · Every failed bank Great Southern Bank took over · 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.