CORINTH DEPOSIT NATIONAL BANK Failed 1990
What happened
CORINTH DEPOSIT NATIONAL BANK of CORINTH, KY was closed on 1990-04-19. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to THE NATIONAL BANK OF CORINT (CORINTH, KY). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2727
- FDIC Certificate
- 15051
- FDIC FIN
- 4181
- Bank name
- CORINTH DEPOSIT NATIONAL BANK
- Location
- CORINTH, KY
- Failure date
- 1990-04-19
- FDIC resolution date
- 1990-04-19
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $9M
- Assets at failure
- $9M
- Acquiring bank
- THE NATIONAL BANK OF CORINT (CORINTH, KY)