# CALLAO COMMUNITY BANK

> **Failed bank** · CALLAO, MO · failed 1986-07-17 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $1M

## What happened

CALLAO COMMUNITY BANK of CALLAO, MO was closed by regulators on **1986-07-17**. The FDIC was named receiver.

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

Deposits were transferred to **LAFAYETTE CNTY BK LEXING** (LEXINGTON, MO). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1230
- **FDIC Certificate:** 16969
- **FDIC FIN:** 2576
- **Bank name:** CALLAO COMMUNITY BANK
- **Location:** CALLAO, MO
- **Failure date:** 1986-07-17
- **FDIC resolution date:** 1986-07-17
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $6M
- **Assets at failure:** $6M
- **Acquiring bank:** LAFAYETTE CNTY BK LEXING (LEXINGTON, MO)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CALLAO COMMUNITY BANK (FDIC ID 1230), failed 1986-07-17. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/1230.

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