Bank failure · TN

Oneida Bk & Tr Co. (Oneida, TN) — failed October 12, 1984

Oneida Bk & Tr Co. of Oneida, Tennessee was closed on October 12, 1984 and resolved through a purchase and assumption. Energy Bank (TN) took over its insured deposits. At failure it held $6.3M in assets and $5.4M in deposits. The FDIC's estimated loss on the failure is $3.0M (47.4% of assets).