First Integrity Bank

Who: First Integrity Bank

What: Fourth bank failure of 2008 (May 30, 2008)

Where: Staples, Minnesota

Why: Troubled mortgages and construction loans gone bad.

Fast Facts: First International Bank and Trust of Watford City, North Dakota assumed all deposit of First Integrity, as well as $35.8 million of the failed bank's assets; as of March 31, 2008, First Integrity had $54.7 million in total assets and $50.3 million in total deposits.

View the press release

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