# BANK OF TAYLOR

> **Failed bank** · TAYLOR, NE · failed 1985-05-31 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $2M

## What happened

BANK OF TAYLOR of TAYLOR, NE was closed by regulators on **1985-05-31**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **UNION BANK&TRUST CO** (LINCOLN, NE). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1000
- **FDIC Certificate:** 13797
- **FDIC FIN:** 2466
- **Bank name:** BANK OF TAYLOR
- **Location:** TAYLOR, NE
- **Failure date:** 1985-05-31
- **FDIC resolution date:** 1985-05-31
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $2M
- **Deposits at failure:** $13M
- **Assets at failure:** $15M
- **Acquiring bank:** UNION BANK&TRUST CO (LINCOLN, NE)

## Other banks UNION BANK&TRUST CO has acquired in FDIC resolutions

- UNION BANK & TRUST COMPANY (OKLAHOMA CITY, OK) — failed 1988-03-31 — /failed-bank/1657
- SECURITY STATE BANK (OXFORD, NE) — failed 1987-10-01 — /failed-bank/1526
- FARMERS STATE BANK (RISING CITY, NE) — failed 1985-08-02 — /failed-bank/1043

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=BANK%20OF%20TAYLOR

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BANK OF TAYLOR (FDIC ID 1000), failed 1985-05-31. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/1000.

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