THE FIRST NATIONAL BANK OF DANVILLE Failed 2009
What happened
THE FIRST NATIONAL BANK OF DANVILLE of DANVILLE, IL was closed on 2009-07-02. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FIRST FINANCIAL BANK, NATIONAL ASSOCIATION (TERRE HAUTE, IN). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3639
- FDIC Certificate
- 3644
- FDIC FIN
- 10078
- Bank name
- THE FIRST NATIONAL BANK OF DANVILLE
- Location
- DANVILLE, IL
- Failure date
- 2009-07-02
- FDIC resolution date
- 2009-07-02
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $24M
- Deposits at failure
- $140M
- Assets at failure
- $148M
- Acquiring bank
- FIRST FINANCIAL BANK, NATIONAL ASSOCIATION (TERRE HAUTE, IN)
Other banks FIRST FINANCIAL BANK, NATIONAL ASSOCIATION acquired in FDIC resolutions