# TRUST COMPANY BANK

> **Failed bank** · MEMPHIS, TN · failed 2016-04-29 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $10M

## What happened

TRUST COMPANY BANK of MEMPHIS, TN was closed by regulators on **2016-04-29**. The FDIC was named receiver.

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

Deposits were transferred to **THE  BANK OF FAYETTE COUNTY** (PIPERTON, TN). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 4085
- **FDIC Certificate:** 9956
- **FDIC FIN:** 10519
- **Bank name:** TRUST COMPANY BANK
- **Location:** MEMPHIS, TN
- **Failure date:** 2016-04-29
- **FDIC resolution date:** 2016-04-29
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $10M
- **Deposits at failure:** $20M
- **Assets at failure:** $19M
- **Acquiring bank:** THE  BANK OF FAYETTE COUNTY (PIPERTON, TN)
- **FDIC comments:** Updated 8/30 with QBFfail assets/dep/eq

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, TRUST COMPANY BANK (FDIC ID 4085), failed 2016-04-29. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/4085.

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