Bank failure · TN
City & County Bk of Campbell Cty (Jellico, TN) — failed June 28, 1980
City & County Bk of Campbell Cty of Jellico, Tennessee was closed on June 28, 1980 and resolved through a purchase and assumption. City&county Bk Anderson (TN) took over its insured deposits. At failure it held $39.8M in assets and $36.0M in deposits. The FDIC's estimated loss on the failure is $8.1M (20.4% of assets).
- Closing date
- June 28, 1980
- FDIC certificate #
- 4939
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- City&county Bk Anderson
- Insurance fund
- FDIC
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