THE FIRST NATIONAL BANK OF BLANCHARDVILLE Failed 2003
What happened
THE FIRST NATIONAL BANK OF BLANCHARDVILLE of BLANCHARDVILLE, WI was closed on 2003-05-09. The FDIC was named receiver.
Resolution: Payout / Insured deposits — FDIC paid insured deposits directly to depositors
Deposits were transferred to THE PARK BANK (MADISON, WI). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3547
- FDIC Certificate
- 11639
- FDIC FIN
- 4661
- Bank name
- THE FIRST NATIONAL BANK OF BLANCHARDVILLE
- Location
- BLANCHARDVILLE, WI
- Failure date
- 2003-05-09
- FDIC resolution date
- 2003-05-09
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- FDIC DIF cost (est.)
- $13M
- Deposits at failure
- $29M
- Assets at failure
- $35M
- Acquiring bank
- THE PARK BANK (MADISON, WI)