UNION COUNTY BANK Failed 1986

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

What happened

UNION COUNTY BANK of MAYNARDVILLE, TN was closed on 1986-04-22. The FDIC was named receiver.

Resolution: Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to COMMERCIAL BK CLAIBORNE (HARROGATE, TN). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1184
FDIC Certificate
16943
FDIC FIN
6681
Bank name
UNION COUNTY BANK
Location
MAYNARDVILLE, TN
Failure date
1986-04-22
FDIC resolution date
1986-04-22
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Insured Deposit Transfer — insured deposits transferred to another bank
FDIC DIF cost (est.)
$3M
Deposits at failure
$30M
Assets at failure
$33M
Acquiring bank
COMMERCIAL BK CLAIBORNE (HARROGATE, TN)