SEDGWICK COUNTY BANK Failed 1986

What happened

SEDGWICK COUNTY BANK of JULESBURG, CO was closed on 1986-11-05. The FDIC was named receiver.

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

Deposits were transferred to FIRST NB OF JULESBURG (JULESBURG, CO). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID

1298

FDIC Certificate

23504

FDIC FIN

6763

Bank name

SEDGWICK COUNTY BANK

Location

JULESBURG, CO

Failure date

1986-11-05

FDIC resolution date

1986-11-05

Charter type

State commercial bank, Federal Reserve member

Resolution type

Insured Deposit Transfer — insured deposits transferred to another bank

FDIC DIF cost (est.)

$1M

Deposits at failure

$4M

Assets at failure

$4M

Acquiring bank

FIRST NB OF JULESBURG (JULESBURG, CO)