THE LAWRENCE COUNTY BANK Failed 1984

LAWRENCEBURG, TN · State commercial bank, Federal Reserve member · view on FDIC BankFind ↗

What happened

THE LAWRENCE COUNTY BANK of LAWRENCEBURG, TN was closed on 1984-06-15. The FDIC was named receiver.

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

Deposits were transferred to FARMERS BK OF LAWRENCE C (LAWRENCEBURG, TN). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
890
FDIC Certificate
20188
FDIC FIN
2395
Bank name
THE LAWRENCE COUNTY BANK
Location
LAWRENCEBURG, TN
Failure date
1984-06-15
FDIC resolution date
1984-06-15
Charter type
State commercial bank, Federal Reserve member
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$7M
Deposits at failure
$25M
Assets at failure
$25M
Acquiring bank
FARMERS BK OF LAWRENCE C (LAWRENCEBURG, TN)