THE FARMERS NAT BK OF AURELIA Failed 1984

AURELIA, IA · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

THE FARMERS NAT BK OF AURELIA of AURELIA, IA was closed on 1984-06-21. The FDIC was named receiver.

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

Deposits were transferred to HERITAGE BANK NATIONAL A (AURELIA, IA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
892
FDIC Certificate
4424
FDIC FIN
2397
Bank name
THE FARMERS NAT BK OF AURELIA
Location
AURELIA, IA
Failure date
1984-06-21
FDIC resolution date
1984-06-21
Charter type
National commercial bank (OCC-chartered)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$2M
Deposits at failure
$19M
Assets at failure
$20M
Acquiring bank
HERITAGE BANK NATIONAL A (AURELIA, IA)