HERITAGE BANK OF BUREAU COUNTY Failed 1984

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

What happened

HERITAGE BANK OF BUREAU COUNTY of DEPUE, IL was closed on 1984-02-08. The FDIC was named receiver.

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

Deposits were transferred to COLONIAL T&SB OF BUREAU (DEPUE, IL). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
849
FDIC Certificate
10466
FDIC FIN
2373
Bank name
HERITAGE BANK OF BUREAU COUNTY
Location
DEPUE, IL
Failure date
1984-02-08
FDIC resolution date
1984-02-08
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.)
$1M
Deposits at failure
$8M
Assets at failure
$9M
Acquiring bank
COLONIAL T&SB OF BUREAU (DEPUE, IL)