Data / Bank failures / 1983 / Northwestern S&LA
Northwestern S&LA, Normandy, MO: received FDIC assistance April 11, 1983
Northwestern S&LA in Normandy, Missouri, received open bank assistance from the FDIC on April 11, 1983. It held $82.5 million in assets and $69.3 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $11.9 million (14.4% of its assets). By assets it was the 37th largest of 99 banks closed or assisted in 1983.
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The FDIC's record
- Closed
- April 11, 1983
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Roosevelt FS&LA, Chesterfield, MO
- Total assets
- $82,522,397
- Total deposits
- $69,343,136
- Estimated cost to the FDIC
- $11,879,000 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 30354
Other bank failures in Missouri, 1981 to 1985
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Princeton State Bank | Princeton | December 19, 1985 | $18.4 million | $16.8 million | $5.8 million | |
| Lake National Bank | Lake Ozark | December 13, 1985 | $19.8 million | $19.1 million | $2.1 million | Central Lake State Bank |
| The Farmers State Bank of Barry County, Ex | Exeter | December 13, 1985 | $4.2 million | $4.1 million | $1.2 million | Security Bank of SW Mo |
| The Clarksdale Bank of Clarkdale | Clarksdale | November 21, 1985 | $6.2 million | $5.8 million | $2 million | United Mo Bank of Clarks |
| The First National Bank of ST. Joseph | ST. Joseph | October 11, 1985 | $193.5 million | $175.9 million | $27.1 million | Commerce BK of ST Joseph |
| Missouri Delta Bank | Hayti | August 28, 1985 | $9.1 million | $8.1 million | $1.4 million | Bank of Hayti |
| Cardwell State Bank | Cardwell | August 28, 1985 | $6.2 million | $5.7 million | $867,705 | MERCHANTS&PLANTERS BK Ho |
| Linn County Bank | Linneus | July 19, 1985 | $5.4 million | $5.3 million | $2.2 million | United Mo Bank of Linn C |
Other failed banks Roosevelt FS&LA took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Gibraltar S&LA (assistance) | Maplewood | MO | August 12, 1983 | $48.9 million | $43.7 million | $2 million | Roosevelt FS&LA |
All bank failures in 1983 · All bank failures in Missouri · Every failed bank Roosevelt FS&LA took over · 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.