THE TUCKER COUNTY BANK Failed 1984

PARSONS, WV · State commercial bank, Federal Reserve member · view on FDIC BankFind ↗

What happened

THE TUCKER COUNTY BANK of PARSONS, WV was closed on 1984-02-03. The FDIC was named receiver.

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

Deposits were transferred to CITIZENS NB OF ELKINS (ELKINS, WV). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
847
FDIC Certificate
843
FDIC FIN
2372
Bank name
THE TUCKER COUNTY BANK
Location
PARSONS, WV
Failure date
1984-02-03
FDIC resolution date
1984-02-03
Charter type
State commercial bank, Federal Reserve member
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$3M
Deposits at failure
$15M
Assets at failure
$15M
Acquiring bank
CITIZENS NB OF ELKINS (ELKINS, WV)