# ALLIED BANK

> **Failed bank** · MULBERRY, AR · failed 2016-09-23 · State commercial bank, Federal Reserve member · FDIC cost $6M

## What happened

ALLIED BANK of MULBERRY, AR was closed by state regulators on **2016-09-23**. The FDIC was named receiver.

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

Deposits were transferred to **TODAY'S BANK** (HUNTSVILLE, AR). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 4088
- **FDIC Certificate:** 91
- **FDIC FIN:** 10522
- **Bank name:** ALLIED BANK
- **Location:** MULBERRY, AR
- **Failure date:** 2016-09-23
- **FDIC resolution date:** 2016-09-23
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $6M
- **Deposits at failure:** $65M
- **Assets at failure:** $66M
- **Acquiring bank:** TODAY'S BANK (HUNTSVILLE, AR)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, ALLIED BANK (FDIC ID 4088), failed 2016-09-23. Retrieved via AI Analytics 2026-07-02 from https://api.ai-analytics.org/failed-bank/4088.

---

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