BANK OF VERDIGRE & TRUST COMPANY Failed 1984

VERDIGRE, NE · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

BANK OF VERDIGRE & TRUST COMPANY of VERDIGRE, NE was closed on 1984-09-19. The FDIC was named receiver.

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

Deposits were transferred to NATIONAL BANK OF NELIGH (NELIGH, NE). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
917
FDIC Certificate
16531
FDIC FIN
2416
Bank name
BANK OF VERDIGRE & TRUST COMPANY
Location
VERDIGRE, NE
Failure date
1984-09-19
FDIC resolution date
1984-09-19
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$4M
Deposits at failure
$13M
Assets at failure
$13M
Acquiring bank
NATIONAL BANK OF NELIGH (NELIGH, NE)