# CEDAR BLUFF BANK

> **Failed bank** · CEDAR BLUFF, AL · failed 1982-11-02 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $2M

## What happened

CEDAR BLUFF BANK of CEDAR BLUFF, AL was closed by regulators on **1982-11-02**. The FDIC was named receiver.

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

Deposits were transferred to **UNION STATE BANK** (CEDAR BLUFF, AL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 724
- **FDIC Certificate:** 9053
- **FDIC FIN:** 2327
- **Bank name:** CEDAR BLUFF BANK
- **Location:** CEDAR BLUFF, AL
- **Failure date:** 1982-11-02
- **FDIC resolution date:** 1982-11-02
- **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:** $13M
- **Assets at failure:** $14M
- **Acquiring bank:** UNION STATE BANK (CEDAR BLUFF, AL)

## Other banks UNION STATE BANK has acquired in FDIC resolutions

- RELIANCE BANK (WHITE PLAINS, NY) — failed 2004-03-19 — /failed-bank/3551

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CEDAR BLUFF BANK (FDIC ID 724), failed 1982-11-02. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/724.

---

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