THE COUNTY BANK Failed 1987

MANATEE COUNTY, FL · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

THE COUNTY BANK of MANATEE COUNTY, FL was closed on 1987-02-13. The FDIC was named receiver.

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

Deposits were transferred to NCNB NB OF FLORIDA (TAMPA, FL). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1363
FDIC Certificate
21627
FDIC FIN
2647
Bank name
THE COUNTY BANK
Location
MANATEE COUNTY, FL
Failure date
1987-02-13
FDIC resolution date
1987-02-13
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.)
$69M
Deposits at failure
$160M
Assets at failure
$187M
Acquiring bank
NCNB NB OF FLORIDA (TAMPA, FL)