Data / Bank failures / 1985 / Strong's Bank
Strong's Bank, Dodgeville, WI: failed June 14, 1985
Strong's Bank in Dodgeville, Wisconsin, failed on June 14, 1985. M&I Bank of Dodgeville of Dodgeville, WI, took over its deposits. It held $30.7 million in assets and $28.2 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $1,659 (0% of its assets). By assets it was the 90th largest of 180 banks closed or assisted in 1985.
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The FDIC's record
- Closed
- June 14, 1985
- Type
- Failure
- How it was resolved
- Insured deposit transfer: the insured deposits moved to another bank
- Acquirer
- M&I Bank of Dodgeville, Dodgeville, WI
- Total assets
- $30,733,000
- Total deposits
- $28,240,000
- Estimated cost to the FDIC
- $1,659 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 11613
Other bank failures in Wisconsin, 1983 to 1987
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Barron County FS&LA (assistance) | Barron | December 16, 1986 | $158.2 million | $144.4 million | $24.8 million | Monycor Savings Bank, FSB |
| The American Bank | Alma | June 20, 1986 | $40 million | $36.2 million | $3.3 million | Bank of Alma |
| First FS&LA of Walworth County (assistance) | Delavan | June 2, 1983 | $38.3 million | $32.4 million | $2.6 million | Anchor SAVINGS&LOAN Assn |
All bank failures in 1985 · All bank failures in Wisconsin · 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.