# THE TINGLEY STATE SAVINGS BANK

> **Failed bank** · MOUNT AYR, IA · failed 1984-08-10 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $6M

## What happened

THE TINGLEY STATE SAVINGS BANK of MOUNT AYR, IA was closed by regulators on **1984-08-10**. The FDIC was named receiver.

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

Deposits were transferred to **HAWKEYE BANK&TRUST** (MOUNT AYR, IA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 903
- **FDIC Certificate:** 14796
- **FDIC FIN:** 2405
- **Bank name:** THE TINGLEY STATE SAVINGS BANK
- **Location:** MOUNT AYR, IA
- **Failure date:** 1984-08-10
- **FDIC resolution date:** 1984-08-10
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $6M
- **Deposits at failure:** $18M
- **Assets at failure:** $19M
- **Acquiring bank:** HAWKEYE BANK&TRUST (MOUNT AYR, IA)

## Other banks HAWKEYE BANK&TRUST has acquired in FDIC resolutions

- MOUNT PLEASANT BK & TR COMPANY (MOUNT PLEASANT, IA) — failed 1982-08-06 — /failed-bank/691
- THE FIRST NATIONAL BK IN HUMBOLD (HUMBOLDT, IA) — failed 1982-04-02 — /failed-bank/656

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE TINGLEY STATE SAVINGS BANK (FDIC ID 903), failed 1984-08-10. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/903.

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