# CITY & COUNTY BK OF JEFFERSON CT

> **Failed bank** · WHITE PINE, TN · failed 1984-01-20 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $4M

## What happened

CITY & COUNTY BK OF JEFFERSON CT of WHITE PINE, TN was closed by regulators on **1984-01-20**. The FDIC was named receiver.

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

Deposits were transferred to **MERCHANTS&PLANTERS BANK** (NEWPORT, TN). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 844
- **FDIC Certificate:** 9960
- **FDIC FIN:** 2370
- **Bank name:** CITY & COUNTY BK OF JEFFERSON CT
- **Location:** WHITE PINE, TN
- **Failure date:** 1984-01-20
- **FDIC resolution date:** 1984-01-20
- **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:** $4M
- **Deposits at failure:** $23M
- **Assets at failure:** $22M
- **Acquiring bank:** MERCHANTS&PLANTERS BANK (NEWPORT, TN)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=CITY%20%26%20COUNTY%20BK%20OF%20JEFFERSON%20CT

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CITY & COUNTY BK OF JEFFERSON CT (FDIC ID 844), failed 1984-01-20. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/844.

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