# CENTURY FEDERAL SAVINGS BANK

> **Failed bank** · TRENTON, TN · failed 1989-03-09 · Savings bank · FDIC cost $15M

## What happened

CENTURY FEDERAL SAVINGS BANK of TRENTON, TN was closed by state regulators on **1989-03-09**. The FDIC was named receiver.

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

Deposits were transferred to **SECURITY BANK** (NEWBERN, TN). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2187
- **FDIC Certificate:** 29718
- **FDIC FIN:** 7063
- **Bank name:** CENTURY FEDERAL SAVINGS BANK
- **Location:** TRENTON, TN
- **Failure date:** 1989-03-09
- **FDIC resolution date:** 1990-06-15
- **Charter type:** Savings bank
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $15M
- **Deposits at failure:** $75M
- **Assets at failure:** $74M
- **Acquiring bank:** SECURITY BANK (NEWBERN, TN)

## Other banks SECURITY BANK has acquired in FDIC resolutions

- HUME BANK (HUME, MO) — failed 2008-03-07 — /failed-bank/3557
- FLOWER MOUND BANK (FLOWER MOUND, TX) — failed 1988-03-03 — /failed-bank/1635
- THE FIRST NATIONAL BANK OF PRAIRIE CITY (PRAIRIE CITY, IA) — failed 1986-07-24 — /failed-bank/1237

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=CENTURY%20FEDERAL%20SAVINGS%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CENTURY FEDERAL SAVINGS BANK (FDIC ID 2187), failed 1989-03-09. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/2187.

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