PEOPLES STATE BANK OF MEEKER Failed 1988

MEEKER, CO · State commercial bank, Federal Reserve member · view on FDIC BankFind ↗

What happened

PEOPLES STATE BANK OF MEEKER of MEEKER, CO was closed on 1988-09-23. The FDIC was named receiver.

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

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

Key facts

FDIC ID
1933
FDIC Certificate
24400
FDIC FIN
5947
Bank name
PEOPLES STATE BANK OF MEEKER
Location
MEEKER, CO
Failure date
1988-09-23
FDIC resolution date
1988-09-23
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 MEEKER (MEEKER, CO)

Other banks FIRST NB OF MEEKER acquired in FDIC resolutions