BRICKWELL COMMUNITY BANK Failed 2009

WOODBURY, MN · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

BRICKWELL COMMUNITY BANK of WOODBURY, MN was closed on 2009-09-11. The FDIC was named receiver.

Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to CORTRUST BANK, N.A. (MITCHELL, SD). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3685
FDIC Certificate
57736
FDIC FIN
10118
Bank name
BRICKWELL COMMUNITY BANK
Location
WOODBURY, MN
Failure date
2009-09-11
FDIC resolution date
2009-09-11
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.)
$25M
Deposits at failure
$65M
Assets at failure
$73M
Acquiring bank
CORTRUST BANK, N.A. (MITCHELL, SD)