Bank failure · WV
The Blueville Bank of Grafton (Grafton, WV) — failed April 5, 1991
The Blueville Bank of Grafton of Grafton, West Virginia was closed on April 5, 1991 and resolved through a purchase and assumption. The Empire National Bank of (WV) took over its insured deposits. At failure it held $48.1M in assets and $46.9M in deposits. The FDIC's estimated loss on the failure is $3.8M (7.8% of assets).
- Closing date
- April 5, 1991
- FDIC certificate #
- 19612
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- The Empire National Bank of
- Insurance fund
- BIF
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