# TRACY-COLLINS BANK & TRUST COMPANY

> **Failed bank** · SALT LAKE CITY, UT · failed 1988-12-30 · State commercial bank, Federal Reserve member · FDIC cost $0M

## What happened

TRACY-COLLINS BANK & TRUST COMPANY of SALT LAKE CITY, UT was closed by state regulators 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
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $196M
- **Assets at failure:** $213M
- **Acquiring bank:** CONTINENTAL BANK & TRUST CO (SALT LAKE CITY, UT)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=TRACY-COLLINS%20BANK%20%26%20TRUST%20COMPANY

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, TRACY-COLLINS BANK & TRUST COMPANY (FDIC ID 2053), failed 1988-12-30. Retrieved via AI Analytics 2026-06-24 from https://api.ai-analytics.org/failed-bank/2053.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*