LIBERTYBANK Failed 2010
What happened
LIBERTYBANK of EUGENE, OR was closed on 2010-07-30. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to HOME FEDERAL BANK (NAMPA, ID). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3839
- FDIC Certificate
- 31964
- FDIC FIN
- 10273
- Bank name
- LIBERTYBANK
- Location
- EUGENE, OR
- Failure date
- 2010-07-30
- FDIC resolution date
- 2010-07-30
- 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.)
- $51M
- Deposits at failure
- $693M
- Assets at failure
- $715M
- Acquiring bank
- HOME FEDERAL BANK (NAMPA, ID)
Other banks HOME FEDERAL BANK acquired in FDIC resolutions