BUCKLIN STATE BANK OF BUCKLIN Failed 1984
What happened
BUCKLIN STATE BANK OF BUCKLIN of BUCKLIN, MO was closed on 1984-10-12. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to UNITED MO BANK OF BROOKF (BROOKFIELD, MO). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 927
- FDIC Certificate
- 11008
- FDIC FIN
- 2423
- Bank name
- BUCKLIN STATE BANK OF BUCKLIN
- Location
- BUCKLIN, MO
- Failure date
- 1984-10-12
- FDIC resolution date
- 1984-10-12
- 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.)
- $7M
- Deposits at failure
- $15M
- Assets at failure
- $16M
- Acquiring bank
- UNITED MO BANK OF BROOKF (BROOKFIELD, MO)