THE FIRST STATE BANK OF WINCHESTER Failed 2009
What happened
THE FIRST STATE BANK OF WINCHESTER of WINCHESTER, 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 THE FIRST NATIONAL BANK OF BEARDSTOWN (BEARDSTOWN, IL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3641
- FDIC Certificate
- 11710
- FDIC FIN
- 10077
- Bank name
- THE FIRST STATE BANK OF WINCHESTER
- Location
- WINCHESTER, IL
- Failure date
- 2009-07-02
- FDIC resolution date
- 2009-07-02
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $8M
- Deposits at failure
- $31M
- Assets at failure
- $30M
- Acquiring bank
- THE FIRST NATIONAL BANK OF BEARDSTOWN (BEARDSTOWN, IL)