THE DAYTON BK & TR CO. Failed 1984
What happened
THE DAYTON BK & TR CO. of DAYTON, TN was closed on 1984-11-30. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to FIRST NATIONAL BANK&TRUS (ROCKWOOD, TN). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 941
- FDIC Certificate
- 2378
- FDIC FIN
- 6524
- Bank name
- THE DAYTON BK & TR CO.
- Location
- DAYTON, TN
- Failure date
- 1984-11-30
- FDIC resolution date
- 1984-11-30
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $6M
- Deposits at failure
- $50M
- Assets at failure
- $51M
- Acquiring bank
- FIRST NATIONAL BANK&TRUS (ROCKWOOD, TN)
Other banks FIRST NATIONAL BANK&TRUS acquired in FDIC resolutions