Bank failure · MO
Gentry County Bank (Albany, MO) — failed May 24, 1990
Gentry County Bank of Albany, Missouri was closed on May 24, 1990 and resolved through a purchase and assumption. Citizens National Bank (MO) took over its insured deposits. At failure it held $42.3M in assets and $46.3M in deposits. The FDIC's estimated loss on the failure is $5.6M (13.2% of assets).
- Closing date
- May 24, 1990
- FDIC certificate #
- 11456
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Citizens National Bank
- Insurance fund
- BIF
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