DECATAUR COUNTY NATIONAL BANK OF OBERLIN Failed 1985
What happened
DECATAUR COUNTY NATIONAL BANK OF OBERLIN of OBERLIN, KS was closed on 1985-11-21. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to BANK OF OBERLIN (OBERLIN, KS). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1099
- FDIC Certificate
- 4740
- FDIC FIN
- 2514
- Bank name
- DECATAUR COUNTY NATIONAL BANK OF OBERLIN
- Location
- OBERLIN, KS
- Failure date
- 1985-11-21
- FDIC resolution date
- 1985-11-21
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $4M
- Deposits at failure
- $17M
- Assets at failure
- $18M
- Acquiring bank
- BANK OF OBERLIN (OBERLIN, KS)
Other banks BANK OF OBERLIN acquired in FDIC resolutions