Data / Bank failures / 1985 / Montana S&LA
Montana S&LA, Kalispell, MT: failed August 16, 1985
Montana S&LA in Kalispell, Montana, failed on August 16, 1985. It held $26.9 million in assets and $30.4 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $12.9 million (47.9% of its assets). By assets it was the 98th largest of 180 banks closed or assisted in 1985.
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The FDIC's record
- Closed
- August 16, 1985
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $26,949,000
- Total deposits
- $30,360,000
- Estimated cost to the FDIC
- $12,907,940 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 32055
Other bank failures in Montana, 1983 to 1987
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Valley Bank of Belgrade (assistance) | Belgrade | July 31, 1987 | $18.6 million | $16.4 million | $3 million | Valley Bank of Belgrade |
| United Bank | Libby | May 14, 1987 | $15.4 million | $14.4 million | $1.7 million | First National Bank in L |
| Deer Lodge Bank & Trust Company | Deer Lodge | April 9, 1987 | $15.2 million | $14.1 million | $3 million | Peoples BK of Deer Lodge |
| Clarks Fork National Bank | Fromberg | March 19, 1987 | $8.4 million | $8.2 million | $1.2 million | Yellowstone Bank |
| Bank of Columbia Falls | Columbia Falls | May 30, 1986 | $41.5 million | $39.2 million | $18.4 million | First Citizens Bank NA |
| First Nat BK of Browning | Browning | November 11, 1983 | $13.7 million | $13.4 million | $3.1 million |
All bank failures in 1985 · All bank failures in Montana · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-24. 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.