THE BANK OF CODY Failed 1984

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

What happened

THE BANK OF CODY of CODY, NE was closed on 1984-10-24. The FDIC was named receiver.

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

Deposits were transferred to GUARDIAN STATE BANK&TRUS (ALLIANCE, NE). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
930
FDIC Certificate
1994
FDIC FIN
2425
Bank name
THE BANK OF CODY
Location
CODY, NE
Failure date
1984-10-24
FDIC resolution date
1984-10-24
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.)
$3M
Deposits at failure
$9M
Assets at failure
$10M
Acquiring bank
GUARDIAN STATE BANK&TRUS (ALLIANCE, NE)