BLEDSOE COUNTY BANK Failed 1984

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

What happened

BLEDSOE COUNTY BANK of PIKEVILLE, TN was closed on 1984-05-18. The FDIC was named receiver.

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

Deposits were transferred to CITIZENS BANK OF DUNLAP (DUNLAP, TN). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
881
FDIC Certificate
21891
FDIC FIN
2387
Bank name
BLEDSOE COUNTY BANK
Location
PIKEVILLE, TN
Failure date
1984-05-18
FDIC resolution date
1984-05-18
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.)
$2M
Deposits at failure
$5M
Assets at failure
$5M
Acquiring bank
CITIZENS BANK OF DUNLAP (DUNLAP, TN)