GOLDEN SPIKE STATE BANK Failed 1984
What happened
GOLDEN SPIKE STATE BANK of TREMONTON, UT was closed on 1984-12-04. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to GOLDEN SPIKE BANK (TREMONTON, UT). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 942
- FDIC Certificate
- 22999
- FDIC FIN
- 2431
- Bank name
- GOLDEN SPIKE STATE BANK
- Location
- TREMONTON, UT
- Failure date
- 1984-12-04
- FDIC resolution date
- 1984-12-04
- Charter type
- State commercial bank, Federal Reserve member
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $4M
- Deposits at failure
- $7M
- Assets at failure
- $8M
- Acquiring bank
- GOLDEN SPIKE BANK (TREMONTON, UT)