# AMERICAN BANK

> **Failed bank** · SAINT JOSEPH, TN · failed 1984-06-27 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $13M

## What happened

AMERICAN BANK of SAINT JOSEPH, TN was closed by regulators on **1984-06-27**. The FDIC was named receiver.

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

Deposits were transferred to **COMMERCIAL&INDUSTRIAL BA** (MEMPHIS, TN). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 893
- **FDIC Certificate:** 9175
- **FDIC FIN:** 6494
- **Bank name:** AMERICAN BANK
- **Location:** SAINT JOSEPH, TN
- **Failure date:** 1984-06-27
- **FDIC resolution date:** 1984-06-27
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $13M
- **Deposits at failure:** $30M
- **Assets at failure:** $33M
- **Acquiring bank:** COMMERCIAL&INDUSTRIAL BA (MEMPHIS, TN)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, AMERICAN BANK (FDIC ID 893), failed 1984-06-27. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/893.

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