Bank failure · NE

The Bank of Cody (Cody, NE) — failed October 24, 1984

The Bank of Cody of Cody, Nebraska was closed on October 24, 1984 and resolved through a purchase and assumption. Guardian State Bank&trus (NE) took over its insured deposits. At failure it held $10.3M in assets and $9.4M in deposits. The FDIC's estimated loss on the failure is $2.7M (26.4% of assets).