THE SHELBY NAT BK OF SHELBYVILLE Failed 1984

SHELBYVILLE, IN · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

THE SHELBY NAT BK OF SHELBYVILLE of SHELBYVILLE, IN was closed on 1984-04-19. The FDIC was named receiver.

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

Deposits were transferred to AMERICAN FLETCHER NB&T C (INDIANAPOLIS, IN). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
865
FDIC Certificate
4380
FDIC FIN
2381
Bank name
THE SHELBY NAT BK OF SHELBYVILLE
Location
SHELBYVILLE, IN
Failure date
1984-04-19
FDIC resolution date
1984-04-19
Charter type
National commercial bank (OCC-chartered)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$0M
Deposits at failure
$66M
Assets at failure
$68M
Acquiring bank
AMERICAN FLETCHER NB&T C (INDIANAPOLIS, IN)