THE RUSHVILLE NATIONAL BANK Failed 1992
What happened
THE RUSHVILLE NATIONAL BANK of RUSHVILLE, IN was closed on 1992-12-18. The FDIC was named receiver.
Resolution: Payout / Insured deposits — FDIC paid insured deposits directly to depositors
Deposits were transferred to PEOPLES TRUST CO (BROOKVILLE, IN). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3431
- FDIC Certificate
- 4378
- FDIC FIN
- 4560
- Bank name
- THE RUSHVILLE NATIONAL BANK
- Location
- RUSHVILLE, IN
- Failure date
- 1992-12-18
- FDIC resolution date
- 1992-12-18
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- FDIC DIF cost (est.)
- $6M
- Deposits at failure
- $40M
- Assets at failure
- $42M
- Acquiring bank
- PEOPLES TRUST CO (BROOKVILLE, IN)