GENTRY COUNTY BANK Failed 1990

ALBANY, MO · State commercial bank, Federal Reserve member · view on FDIC BankFind ↗

What happened

GENTRY COUNTY BANK of ALBANY, MO was closed on 1990-05-24. The FDIC was named receiver.

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

Deposits were transferred to CITIZENS NATIONAL BANK (MARYVILLE, MO). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2773
FDIC Certificate
11456
FDIC FIN
4205
Bank name
GENTRY COUNTY BANK
Location
ALBANY, MO
Failure date
1990-05-24
FDIC resolution date
1990-05-24
Charter type
State commercial bank, Federal Reserve member
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$6M
Deposits at failure
$46M
Assets at failure
$42M
Acquiring bank
CITIZENS NATIONAL BANK (MARYVILLE, MO)