BANK OF YORKVILLE Failed 1982
What happened
BANK OF YORKVILLE of YORKVILLE, TN was closed on 1982-02-20. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FIRST-CITIZENS NB DYERSB (DYERSBURG, TN). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 641
- FDIC Certificate
- 2376
- FDIC FIN
- 2300
- Bank name
- BANK OF YORKVILLE
- Location
- YORKVILLE, TN
- Failure date
- 1982-02-20
- FDIC resolution date
- 1982-02-20
- 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.)
- $1M
- Deposits at failure
- $6M
- Assets at failure
- $7M
- Acquiring bank
- FIRST-CITIZENS NB DYERSB (DYERSBURG, TN)