# SECURITY BK & TR COMPANY

> **Failed bank** · CAIRO, IL · failed 1982-08-27 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $2M

## What happened

SECURITY BK & TR COMPANY of CAIRO, IL was closed by regulators on **1982-08-27**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST BANK&TRUST CO** (CAIRO, IL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 695
- **FDIC Certificate:** 3774
- **FDIC FIN:** 2319
- **Bank name:** SECURITY BK & TR COMPANY
- **Location:** CAIRO, IL
- **Failure date:** 1982-08-27
- **FDIC resolution date:** 1982-08-27
- **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:** $2M
- **Deposits at failure:** $11M
- **Assets at failure:** $12M
- **Acquiring bank:** FIRST BANK&TRUST CO (CAIRO, IL)

## Other banks FIRST BANK&TRUST CO has acquired in FDIC resolutions

- FIRST BANK & TRUST CO. (DUNCAN, OK) — failed 1988-12-08 — /failed-bank/1996

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=SECURITY%20BK%20%26%20TR%20COMPANY

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SECURITY BK & TR COMPANY (FDIC ID 695), failed 1982-08-27. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/695.

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