THE NATIONAL BANK Failed 1986

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

What happened

THE NATIONAL BANK of DYERSVILLE, IA was closed on 1986-04-10. The FDIC was named receiver.

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

Deposits were transferred to AMERICAN TRUST&SAVINGS B (DUBUQUE, IA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1174
FDIC Certificate
4452
FDIC FIN
2548
Bank name
THE NATIONAL BANK
Location
DYERSVILLE, IA
Failure date
1986-04-10
FDIC resolution date
1986-04-10
Charter type
National commercial bank (OCC-chartered)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$11M
Deposits at failure
$40M
Assets at failure
$43M
Acquiring bank
AMERICAN TRUST&SAVINGS B (DUBUQUE, IA)