ARCANIUM FSA Failed 1991
What happened
ARCANIUM FSA of ARCANUM, OH was closed on 1991-03-15. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to SECOND NB (GREENVILLE, OH). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3043
- FDIC Certificate
- 29716
- FDIC FIN
- 2103
- Bank name
- ARCANIUM FSA
- Location
- ARCANUM, OH
- Failure date
- 1991-03-15
- FDIC resolution date
- 1991-09-20
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $3M
- Deposits at failure
- $47M
- Assets at failure
- $45M
- Acquiring bank
- SECOND NB (GREENVILLE, OH)