Bank failure · KY
Corinth Deposit National Bank (Corinth, KY) — failed April 19, 1990
Corinth Deposit National Bank of Corinth, Kentucky was closed on April 19, 1990 and resolved through a purchase and assumption. The National Bank of Corint (KY) took over its insured deposits. At failure it held $8.7M in assets and $8.7M in deposits. The FDIC's estimated loss on the failure is $402K (4.6% of assets).
- Closing date
- April 19, 1990
- FDIC certificate #
- 15051
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- The National Bank of Corint
- Insurance fund
- BIF
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