Bank failure · AL
The Commercial Bank (Andalusia, AL) — failed August 16, 1985
The Commercial Bank of Andalusia, Alabama was closed on August 16, 1985 and resolved through a a/a. The Commercial Bank (AL) took over its insured deposits. At failure it held $77.8M in assets and $76.4M in deposits.
- Closing date
- August 16, 1985
- FDIC certificate #
- 55
- Resolution
- A/A (assistance)
- Acquiring institution
- The Commercial Bank
- Insurance fund
- FDIC
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