TRACY-COLLINS BANK & TRUST COMPANY Failed 1988
What happened
TRACY-COLLINS BANK & TRUST COMPANY of SALT LAKE CITY, UT was closed on 1988-12-30. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to CONTINENTAL BANK & TRUST CO (SALT LAKE CITY, UT). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2053
- FDIC Certificate
- 1259
- FDIC FIN
- 1963
- Bank name
- TRACY-COLLINS BANK & TRUST COMPANY
- Location
- SALT LAKE CITY, UT
- Failure date
- 1988-12-30
- FDIC resolution date
- 1988-12-30
- Charter type
- State commercial bank, Federal Reserve member
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $196M
- Assets at failure
- $213M
- Acquiring bank
- CONTINENTAL BANK & TRUST CO (SALT LAKE CITY, UT)