TellerScore

Bank failure · MO

Bucklin State Bank of Bucklin (Bucklin, MO) — failed October 12, 1984

Bucklin State Bank of Bucklin of Bucklin, Missouri was closed on October 12, 1984 and resolved through a purchase and assumption. United Mo Bank of Brookf (MO) took over its insured deposits. At failure it held $16.1M in assets and $15.3M in deposits. The FDIC's estimated loss on the failure is $7.1M (43.7% of assets).

Closing date
October 12, 1984
FDIC certificate #
11008
Resolution
Purchase and assumption (failure)
Acquiring institution
United Mo Bank of Brookf
Insurance fund
FDIC

Other failures in 1984

What happens when a bank fails