Data / Bank failures / 2003 / The First National Bank of Blanchardville
The First National Bank of Blanchardville, Blanchardville, WI: failed May 9, 2003
The First National Bank of Blanchardville in Blanchardville, Wisconsin, failed on May 9, 2003. The Park Bank of Madison, WI, took over its deposits. It held $34.5 million in assets and $28.8 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $12.8 million (37% of its assets). By assets it was the 2nd largest of 3 banks closed or assisted in 2003.
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The FDIC's record
- Closed
- May 9, 2003
- Type
- Failure
- How it was resolved
- Purchase and assumption of the insured deposits only
- Acquirer
- The Park Bank, Madison, WI
- Total assets
- $34,536,000
- Total deposits
- $28,760,000
- Estimated cost to the FDIC
- $12,788,007 (estimate as of July 31, 2026)
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- BIF
- FDIC certificate
- 11639
All bank failures in 2003 · 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.