CONTINENTAL NATIONAL BANK OF KENTUCKY Failed 1986

LOUISVILLE, KY · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

CONTINENTAL NATIONAL BANK OF KENTUCKY of LOUISVILLE, KY was closed on 1986-06-26. The FDIC was named receiver.

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

Deposits were transferred to RIVER CITY BANK INC (LOUISVILLE, KY). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1217
FDIC Certificate
22275
FDIC FIN
2569
Bank name
CONTINENTAL NATIONAL BANK OF KENTUCKY
Location
LOUISVILLE, KY
Failure date
1986-06-26
FDIC resolution date
1986-06-26
Charter type
National commercial bank (OCC-chartered)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$0M
Deposits at failure
$10M
Assets at failure
$10M
Acquiring bank
RIVER CITY BANK INC (LOUISVILLE, KY)