Record · Bank
FIRST DEARBORN
FIRST DEARBORN held $167.3 million in total assets at failure as of December 16, 1988, according to the FDIC.
FIRST DEARBORN, of DEARBORN, MI, was an FDIC-insured institution that received FDIC assistance on December 16, 1988, as the FDIC records it.
The failure
- December 16, 1988
- Assisted
- $167.3 million
- Assets at failure
- $167,332,000
- $230.5 million
- Deposits at failure
- $230,493,000
- $78.7 million
- Estimated cost to the insurance fund
- $78,744,610
- The FDIC's estimate as of July 31, 2026; it revises the estimate as it sells the bank's assets.
- FIRST NATIONWIDE BANK A FSB
- Acquired by
- SAN FRANCISCO, CA
The FDIC’s entry
- FDIC certificate number
- 29556
- Resolution
- ASSISTANCE
- Transaction type
- A/A
- Charter class
- SL
- Insurance fund
- FSLIC
- Insured since
- December 6, 1935
- Established
- November 1, 1935
- 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