FIRST STOCK YARDS BANK Failed 1986

What happened

FIRST STOCK YARDS BANK of ST. JOSEPH, MO was closed on 1986-11-06. The FDIC was named receiver.

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

Deposits were transferred to BANK OF ST JOSEPH (ST. JOSEPH, MO). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID

1300

FDIC Certificate

1620

FDIC FIN

2612

Bank name

FIRST STOCK YARDS BANK

Location

ST. JOSEPH, MO

Failure date

1986-11-06

FDIC resolution date

1986-11-06

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.)

$9M

Deposits at failure

$32M

Assets at failure

$32M

Acquiring bank

BANK OF ST JOSEPH (ST. JOSEPH, MO)