# THE CORNING BANK

> **Failed bank** · CORNING, AR · failed 1984-06-15 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $14M

## What happened

THE CORNING BANK of CORNING, AR was closed by regulators on **1984-06-15**. The FDIC was named receiver.

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

Deposits were transferred to **CORNING BANK** (CORNING, AR). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 888
- **FDIC Certificate:** 5631
- **FDIC FIN:** 2396
- **Bank name:** THE CORNING BANK
- **Location:** CORNING, AR
- **Failure date:** 1984-06-15
- **FDIC resolution date:** 1984-06-15
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $14M
- **Deposits at failure:** $31M
- **Assets at failure:** $32M
- **Acquiring bank:** CORNING BANK (CORNING, AR)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20CORNING%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE CORNING BANK (FDIC ID 888), failed 1984-06-15. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/888.

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