Fairmont Federal Savings Association

Status:Inactive as of 09/07/1990
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:First Farmers & Merchants National Bank
Headquarters:Fairmont Federal Savings Association
115 West First Street
Fairmont, MN 56031
Established:02/09/1990
FDIC Insurance:02/09/1990
FDIC Cert:#32891
Charter Class:
Total Assets:$34,222,000
Total Deposits:$36,484,000

History

1990-02-09Institution established: Original name:Fairmont Federal Savings Association
1990-02-09Acquired Fairmont Federal Savings and Loan Association (28205) in FAIRMONT, MN
1990-09-07Institution established: Original name:First Farmers & Merchants National Bank (33131)
1990-09-07Acquired after government financial assistance and subsequently operated as part of First Farmers & Merchants National Bank (33131)
1990-09-07Government conservatorship or bridge bank resolved.