FARMERS STATE BK OF HOLYOKE Failed 1984
What happened
FARMERS STATE BK OF HOLYOKE of HOLYOKE, CO was closed on 1984-12-07. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to SECURITY NATIONAL BANK (HOLYOKE, CO). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 943
- FDIC Certificate
- 18946
- FDIC FIN
- 2432
- Bank name
- FARMERS STATE BK OF HOLYOKE
- Location
- HOLYOKE, CO
- Failure date
- 1984-12-07
- FDIC resolution date
- 1984-12-07
- 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.)
- $1M
- Deposits at failure
- $4M
- Assets at failure
- $4M
- Acquiring bank
- SECURITY NATIONAL BANK (HOLYOKE, CO)