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Bank failure · TN

Bank of Yorkville (Yorkville, TN) — failed February 20, 1982

Bank of Yorkville of Yorkville, Tennessee was closed on February 20, 1982 and resolved through a purchase and assumption. First-Citizens Nb Dyersb (TN) took over its insured deposits. At failure it held $7.1M in assets and $6.4M in deposits. The FDIC's estimated loss on the failure is $1.4M (20.3% of assets).

Closing date
February 20, 1982
FDIC certificate #
2376
Resolution
Purchase and assumption (failure)
Acquiring institution
First-Citizens Nb Dyersb
Insurance fund
FDIC

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