TellerScore

Bank failure · NE

State Bank of Dannebrog (Dannebrog, NE) — failed January 7, 1985

State Bank of Dannebrog of Dannebrog, Nebraska was closed on January 7, 1985 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $4.9M in assets and $4.3M in deposits. The FDIC's estimated loss on the failure is $1.1M (23.4% of assets).

Closing date
January 7, 1985
FDIC certificate #
18751
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1985

What happens when a bank fails