THE PEOPLES BANK OF MERCER Failed 1986

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

What happened

THE PEOPLES BANK OF MERCER of MERCER, MO was closed on 1986-04-10. 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
1175
FDIC Certificate
11451
FDIC FIN
6677
Bank name
THE PEOPLES BANK OF MERCER
Location
MERCER, MO
Failure date
1986-04-10
FDIC resolution date
1986-04-10
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
PO
FDIC DIF cost (est.)
$2M
Deposits at failure
$10M
Assets at failure
$10M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions