Bank failure · KY
Continental National Bank of Kentucky (Louisville, KY) — failed June 26, 1986
Continental National Bank of Kentucky of Louisville, Kentucky was closed on June 26, 1986 and resolved through a purchase and assumption. River City Bank Inc (KY) took over its insured deposits. At failure it held $10.1M in assets and $10.2M in deposits. The FDIC's estimated loss on the failure is $405K (4.0% of assets).
- Closing date
- June 26, 1986
- FDIC certificate #
- 22275
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- River City Bank Inc
- Insurance fund
- FDIC
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