# UNION DEPOSIT BANK

> **Failed bank** · UNION, KY · failed 1986-06-26 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $1M

## What happened

UNION DEPOSIT BANK of UNION, KY was closed by regulators on **1986-06-26**. The FDIC was named receiver.

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

Deposits were transferred to **CENTRAL TRUST CO** (UNION, KY). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1216
- **FDIC Certificate:** 8765
- **FDIC FIN:** 6708
- **Bank name:** UNION DEPOSIT BANK
- **Location:** UNION, KY
- **Failure date:** 1986-06-26
- **FDIC resolution date:** 1986-06-26
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $5M
- **Assets at failure:** $6M
- **Acquiring bank:** CENTRAL TRUST CO (UNION, KY)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=UNION%20DEPOSIT%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, UNION DEPOSIT BANK (FDIC ID 1216), failed 1986-06-26. Retrieved via AI Analytics 2026-07-04 from https://api.ai-analytics.org/failed-bank/1216.

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