THE BLUEVILLE BANK OF GRAFTON Failed 1991
What happened
THE BLUEVILLE BANK OF GRAFTON of GRAFTON, WV was closed on 1991-04-05. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to THE EMPIRE NATIONAL BANK OF (CLARKSBURG, WV). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3059
- FDIC Certificate
- 19612
- FDIC FIN
- 4340
- Bank name
- THE BLUEVILLE BANK OF GRAFTON
- Location
- GRAFTON, WV
- Failure date
- 1991-04-05
- FDIC resolution date
- 1991-04-05
- Charter type
- State commercial bank, Federal Reserve member
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $4M
- Deposits at failure
- $47M
- Assets at failure
- $48M
- Acquiring bank
- THE EMPIRE NATIONAL BANK OF (CLARKSBURG, WV)