# GERMANTOWN TRUST SAVINGS

> **Failed bank** · GERMANTOWN, TN · failed 1989-03-09 · SL · FDIC cost $38M

## What happened

GERMANTOWN TRUST SAVINGS of GERMANTOWN, TN was closed by state regulators on **1989-03-09**. The FDIC was named receiver.

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

Deposits were transferred to **NB OF COMMERCE** (MEMPHIS, TN). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2210
- **FDIC Certificate:** 31879
- **FDIC FIN:** 7009
- **Bank name:** GERMANTOWN TRUST SAVINGS
- **Location:** GERMANTOWN, TN
- **Failure date:** 1989-03-09
- **FDIC resolution date:** 1990-05-18
- **Charter type:** SL
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $38M
- **Deposits at failure:** $106M
- **Assets at failure:** $136M
- **Acquiring bank:** NB OF COMMERCE (MEMPHIS, TN)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, GERMANTOWN TRUST SAVINGS (FDIC ID 2210), failed 1989-03-09. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/2210.

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