# THE MADISON COUNTY BANK

> **Failed bank** · FREDERICKTOWN, MO · failed 1983-01-21 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $1M

## What happened

THE MADISON COUNTY BANK of FREDERICKTOWN, MO was closed by regulators on **1983-01-21**. The FDIC was named receiver.

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

Deposits were transferred to **MADISON EXCHANGE BANK** (FREDERICKTOWN, MO). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 746
- **FDIC Certificate:** 8593
- **FDIC FIN:** 2333
- **Bank name:** THE MADISON COUNTY BANK
- **Location:** FREDERICKTOWN, MO
- **Failure date:** 1983-01-21
- **FDIC resolution date:** 1983-01-21
- **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:** $1M
- **Deposits at failure:** $7M
- **Assets at failure:** $7M
- **Acquiring bank:** MADISON EXCHANGE BANK (FREDERICKTOWN, MO)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE MADISON COUNTY BANK (FDIC ID 746), failed 1983-01-21. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/746.

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