AMERICAN SECURITY BANK Failed 1987
What happened
AMERICAN SECURITY BANK of NORTH PLATTE, NE was closed on 1987-10-30. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to NORTH PLATTE NATIONAL BA (NORTH PLATTE, NE). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1548
- FDIC Certificate
- 21579
- FDIC FIN
- 2743
- Bank name
- AMERICAN SECURITY BANK
- Location
- NORTH PLATTE, NE
- Failure date
- 1987-10-30
- FDIC resolution date
- 1987-10-30
- 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.)
- $4M
- Deposits at failure
- $26M
- Assets at failure
- $27M
- Acquiring bank
- NORTH PLATTE NATIONAL BA (NORTH PLATTE, NE)