THE COFFEEN NATIONAL BANK Failed 1984

COFFEEN, IL · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

THE COFFEEN NATIONAL BANK of COFFEEN, IL was closed on 1984-07-12. The FDIC was named receiver.

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

Deposits were transferred to COFFEEN STATE BANK (COFFEEN, IL). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
895
FDIC Certificate
3782
FDIC FIN
2399
Bank name
THE COFFEEN NATIONAL BANK
Location
COFFEEN, IL
Failure date
1984-07-12
FDIC resolution date
1984-07-12
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
$9M
Assets at failure
$9M
Acquiring bank
COFFEEN STATE BANK (COFFEEN, IL)