FARMERS BANK OF PETERSBURG Failed 1970

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

What happened

FARMERS BANK OF PETERSBURG of PETERSBURG, KY was closed on 1970-06-25. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
486
FDIC Certificate
13164
FDIC FIN
0
Bank name
FARMERS BANK OF PETERSBURG
Location
PETERSBURG, KY
Failure date
1970-06-25
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
PO
Deposits at failure
$1M
Assets at failure
$1M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions