JACKSON COUNTY NATIONAL BANK Failed 1984

TUCKERMAN, AR · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

JACKSON COUNTY NATIONAL BANK of TUCKERMAN, AR was closed on 1984-08-09. The FDIC was named receiver.

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

Deposits were transferred to FIRST STATE BANK OF NEWP (NEWPORT, AR). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
901
FDIC Certificate
3895
FDIC FIN
2403
Bank name
JACKSON COUNTY NATIONAL BANK
Location
TUCKERMAN, AR
Failure date
1984-08-09
FDIC resolution date
1984-08-09
Charter type
National commercial bank (OCC-chartered)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$5M
Deposits at failure
$13M
Assets at failure
$13M
Acquiring bank
FIRST STATE BANK OF NEWP (NEWPORT, AR)