THE PEOPLES NATIONAL BANK & TRUST Failed 1986

ALBIA, IA · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

THE PEOPLES NATIONAL BANK & TRUST of ALBIA, IA was closed on 1986-02-06. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1140
FDIC Certificate
4422
FDIC FIN
5655
Bank name
THE PEOPLES NATIONAL BANK & TRUST
Location
ALBIA, IA
Failure date
1986-02-06
FDIC resolution date
1986-02-06
Charter type
National commercial bank (OCC-chartered)
Resolution type
PO
FDIC DIF cost (est.)
$13M
Deposits at failure
$49M
Assets at failure
$52M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions