ROSELAND STATE BANK Failed 1986

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

What happened

ROSELAND STATE BANK of ROSELAND, NE was closed on 1986-05-28. The FDIC was named receiver.

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

Deposits were transferred to HASTINGS STATE BANK (HASTINGS, NE). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1200
FDIC Certificate
14034
FDIC FIN
2562
Bank name
ROSELAND STATE BANK
Location
ROSELAND, NE
Failure date
1986-05-28
FDIC resolution date
1986-05-28
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$1M
Deposits at failure
$11M
Assets at failure
$12M
Acquiring bank
HASTINGS STATE BANK (HASTINGS, NE)