Bank failure · IN
Allen County Bank and Trust Company (Leo, IN) — failed November 22, 1985
Allen County Bank and Trust Company of Leo, Indiana was closed on November 22, 1985 and resolved through a purchase and assumption. Indiana National Bank (IN) took over its insured deposits. At failure it held $10.9M in assets and $10.5M in deposits.
- Closing date
- November 22, 1985
- FDIC certificate #
- 20533
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Indiana National Bank
- Insurance fund
- FDIC
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