# LINN COUNTY BANK

> **Failed bank** · LINNEUS, MO · failed 1985-07-19 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $2M

## What happened

LINN COUNTY BANK of LINNEUS, MO was closed by regulators on **1985-07-19**. The FDIC was named receiver.

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

Deposits were transferred to **UNITED MO BANK OF LINN C** (LINNEUS, MO). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1032
- **FDIC Certificate:** 10625
- **FDIC FIN:** 2480
- **Bank name:** LINN COUNTY BANK
- **Location:** LINNEUS, MO
- **Failure date:** 1985-07-19
- **FDIC resolution date:** 1985-07-19
- **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:** $5M
- **Assets at failure:** $5M
- **Acquiring bank:** UNITED MO BANK OF LINN C (LINNEUS, MO)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, LINN COUNTY BANK (FDIC ID 1032), failed 1985-07-19. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/1032.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*