# SCB BANK

> **Failed bank** · SHELBYVILLE, IN · failed 2012-02-10 · Savings bank · FDIC cost $38M

## What happened

SCB BANK of SHELBYVILLE, IN was closed by state regulators on **2012-02-10**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST MERCHANTS BANK, NATIONAL ASSOCIATION** (MUNCIE, IN). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3991
- **FDIC Certificate:** 29761
- **FDIC FIN:** 10425
- **Bank name:** SCB BANK
- **Location:** SHELBYVILLE, IN
- **Failure date:** 2012-02-10
- **FDIC resolution date:** 2012-02-10
- **Charter type:** Savings bank
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $38M
- **Deposits at failure:** $171M
- **Assets at failure:** $183M
- **Acquiring bank:** FIRST MERCHANTS BANK, NATIONAL ASSOCIATION (MUNCIE, IN)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=SCB%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SCB BANK (FDIC ID 3991), failed 2012-02-10. Retrieved via AI Analytics 2026-07-14 from https://api.ai-analytics.org/failed-bank/3991.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*