# BANK OF HACKLEBURG

> **Failed bank** · HACKLEBURG, AL · failed 1983-12-13 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $2M

## What happened

BANK OF HACKLEBURG of HACKLEBURG, AL was closed by regulators on **1983-12-13**. The FDIC was named receiver.

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

Deposits were transferred to **SOUTHTRUST BK OF MARION** (HAMILTON, AL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 839
- **FDIC Certificate:** 1731
- **FDIC FIN:** 2367
- **Bank name:** BANK OF HACKLEBURG
- **Location:** HACKLEBURG, AL
- **Failure date:** 1983-12-13
- **FDIC resolution date:** 1983-12-13
- **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:** $6M
- **Assets at failure:** $7M
- **Acquiring bank:** SOUTHTRUST BK OF MARION (HAMILTON, AL)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BANK OF HACKLEBURG (FDIC ID 839), failed 1983-12-13. Retrieved via AI Analytics 2026-08-13 from https://api.ai-analytics.org/failed-bank/839.

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