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Bank failure · NE

Roseland State Bank (Roseland, NE) — failed May 28, 1986

Roseland State Bank of Roseland, Nebraska was closed on May 28, 1986 and resolved through a purchase and assumption. Hastings State Bank (NE) took over its insured deposits. At failure it held $12.0M in assets and $11.2M in deposits. The FDIC's estimated loss on the failure is $662K (5.5% of assets).

Closing date
May 28, 1986
FDIC certificate #
14034
Resolution
Purchase and assumption (failure)
Acquiring institution
Hastings State Bank
Insurance fund
FDIC

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