BOLLINGER COUNTY BANK Failed 1982

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

What happened

BOLLINGER COUNTY BANK of LUTESVILLE, MO was closed on 1982-12-10. The FDIC was named receiver.

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

Deposits were transferred to SECURITY BK BOLLINGER CN (MARBLE HILL, MO). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
732
FDIC Certificate
8287
FDIC FIN
2331
Bank name
BOLLINGER COUNTY BANK
Location
LUTESVILLE, MO
Failure date
1982-12-10
FDIC resolution date
1982-12-10
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.)
$2M
Deposits at failure
$15M
Assets at failure
$16M
Acquiring bank
SECURITY BK BOLLINGER CN (MARBLE HILL, MO)