Bank failures in 1998

FDIC-insured banks and savings institutions recorded 3 failures in 1998, according to the FDIC.

3 FDIC-insured banks and savings institutions failed in 1998, the FDIC records, oldest first.

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Failures and assistance transactions of FDIC-insured institutions in 1998, oldest first
Date	Institution	Where	Resolution	Assets	Estimated cost
April 9, 1998	OMNIBANK	RIVER ROUGE, MI	FAILURE	$42.0 million	$2.9 million
July 23, 1998	BESTBANK	BOULDER, CO	FAILURE	$233.2 million	$218.6 million
August 7, 1998	Q BANK	FORT BENTON, MT	FAILURE	$15.0 million	$1.6 million

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 September 30, 2026