Data / Bank failures / 1984 / Scandia S&LA
Scandia S&LA, Des Moines, IA: received FDIC assistance April 1, 1984
Scandia S&LA in Des Moines, Iowa, received open bank assistance from the FDIC on April 1, 1984. It held $65.2 million in assets and $65.9 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $3.4 million (5.2% of its assets). By assets it was the 26th largest of 106 banks closed or assisted in 1984.
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The FDIC's record
- Closed
- April 1, 1984
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- First Financial S&LA, Des Moines, IA
- Total assets
- $65,195,000
- Total deposits
- $65,919,000
- Estimated cost to the FDIC
- $3,400,000 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 30911
Other bank failures in Iowa, 1982 to 1986
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Graettinger State Bank | Graettinger | August 7, 1986 | $11.8 million | $11.5 million | $710,929 | Swea City State Bank |
| Citizens State Bank | Iowa Falls | July 31, 1986 | $54 million | $53.5 million | $4.8 million | Green Belt BANK&TRUST |
| The First National Bank of Prairie City | Prairie City | July 24, 1986 | $18.9 million | $19.2 million | $1.8 million | Security Bank |
| Commercial State Bank | Pocahontas | June 27, 1986 | $47.9 million | $42.9 million | $9.9 million | Citizens State Bank |
| The Lone Rock Bank, N.A. | Lone Rock | May 29, 1986 | $7.5 million | $7.2 million | $2.2 million | Swea City State Bank |
| The Bedford National Bank | Bedford | May 1, 1986 | $19.3 million | $18.4 million | $4.6 million | American National Bank |
| The National Bank | Dyersville | April 10, 1986 | $43 million | $39.8 million | $11.2 million | American TRUST&SAVINGS B |
| Williams Savings Bank | Williams | March 20, 1986 | $12.8 million | $11.7 million | $359,235 | Iowa Falls State Bank |
All bank failures in 1984 · All bank failures in Iowa · 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.