Record · Bank
BANKFIRST
BANKFIRST held $210.8 million in total assets at failure as of July 17, 2009, according to the FDIC.
BANKFIRST, of SIOUX FALLS, SD, was an FDIC-insured institution that closed on July 17, 2009, as the FDIC records it.
The failure
- July 17, 2009
- Closed
- $210.8 million
- Assets at failure
- $210,844,000
- $232.2 million
- Deposits at failure
- $232,203,000
- $110.2 million
- Estimated cost to the insurance fund
- $110,200,671
- The FDIC's estimate as of July 31, 2026; it revises the estimate as it sells the bank's assets.
- ALERUS FINANCIAL, NATIONAL ASSOCIATION
- Acquired by
- GRAND FORKS, ND
The FDIC’s entry
- FDIC certificate number
- 34103
- Resolution
- FAILURE
- Transaction type
- PA
- Charter class
- SM
- Insurance fund
- DIF
- Insured since
- December 7, 1995
- Established
- December 7, 1995
- Recorded in
- The FDIC’s failures data
Sources
- FDIC failures — every bank failure and assistance transaction since 1934 — Federal Deposit Insurance Corporation · Public domain — U.S. Government work · retrieved September 27, 2026
Compiled automatically from FDIC failures — every bank failure and assistance transaction since 1934 by a checked SQL query · Editor: Kian O'Connor · How this site is built
Data retrieved