AQUIA BK & TR COMPANY Failed 1982

STAFFORD, VA · State commercial bank, Federal Reserve member · view on FDIC BankFind ↗

What happened

AQUIA BK & TR COMPANY of STAFFORD, VA was closed on 1982-04-03. The FDIC was named receiver.

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

Deposits were transferred to PEOPLES BANK OF DANVILLE (DANVILLE, VA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
658
FDIC Certificate
21068
FDIC FIN
2305
Bank name
AQUIA BK & TR COMPANY
Location
STAFFORD, VA
Failure date
1982-04-03
FDIC resolution date
1982-04-03
Charter type
State commercial bank, Federal Reserve member
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$4M
Deposits at failure
$12M
Assets at failure
$14M
Acquiring bank
PEOPLES BANK OF DANVILLE (DANVILLE, VA)