GAMALIEL BANK Failed 1984

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

What happened

GAMALIEL BANK of GAMALIEL, KY was closed on 1984-04-19. The FDIC was named receiver.

Resolution: Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to DEPOSIT BANK OF MONROE C (TOMPKINSVILLE, KY). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
866
FDIC Certificate
9312
FDIC FIN
6469
Bank name
GAMALIEL BANK
Location
GAMALIEL, KY
Failure date
1984-04-19
FDIC resolution date
1984-04-19
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Insured Deposit Transfer — insured deposits transferred to another bank
FDIC DIF cost (est.)
$5M
Deposits at failure
$22M
Assets at failure
$23M
Acquiring bank
DEPOSIT BANK OF MONROE C (TOMPKINSVILLE, KY)