FIRST NB OF KEYSTONE Failed 1999
What happened
FIRST NB OF KEYSTONE of KEYSTONE, WV was closed on 1999-09-01. The FDIC was named receiver.
Resolution: Payout / Insured deposits — FDIC paid insured deposits directly to depositors
Deposits were transferred to AMERIBANK, INCORPORATED (WELCH, WV). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3520
- FDIC Certificate
- 6771
- FDIC FIN
- 4637
- Bank name
- FIRST NB OF KEYSTONE
- Location
- KEYSTONE, WV
- Failure date
- 1999-09-01
- FDIC resolution date
- 1999-09-01
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- FDIC DIF cost (est.)
- $532M
- Deposits at failure
- $881M
- Assets at failure
- $1,120M
- Acquiring bank
- AMERIBANK, INCORPORATED (WELCH, WV)