BANK OF WAUSAU Failed 2013

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

What happened

BANK OF WAUSAU of WAUSAU, WI was closed on 2013-08-09. The FDIC was named receiver.

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

Deposits were transferred to NICOLET NATIONAL BANK (GREEN BAY, WI). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
4051
FDIC Certificate
35016
FDIC FIN
10485
Bank name
BANK OF WAUSAU
Location
WAUSAU, WI
Failure date
2013-08-09
FDIC resolution date
2013-08-09
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.)
$13M
Deposits at failure
$41M
Assets at failure
$44M
Acquiring bank
NICOLET NATIONAL BANK (GREEN BAY, WI)