THE COMMERCIAL BANK Failed 1985

ANDALUSIA, AL · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

THE COMMERCIAL BANK of ANDALUSIA, AL was closed on 1985-08-16. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to THE COMMERCIAL BANK (ANDALUSIA, AL). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1052
FDIC Certificate
55
FDIC FIN
1926
Bank name
THE COMMERCIAL BANK
Location
ANDALUSIA, AL
Failure date
1985-08-16
FDIC resolution date
1985-08-16
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
A/A
FDIC DIF cost (est.)
$0M
Deposits at failure
$76M
Assets at failure
$78M
Acquiring bank
THE COMMERCIAL BANK (ANDALUSIA, AL)