Bank failure · IA

The Farmers Nat Bk of Aurelia (Aurelia, IA) — failed June 21, 1984

The Farmers Nat Bk of Aurelia of Aurelia, Iowa was closed on June 21, 1984 and resolved through a purchase and assumption. Heritage Bank National a (IA) took over its insured deposits. At failure it held $19.9M in assets and $19.1M in deposits. The FDIC's estimated loss on the failure is $2.0M (10.1% of assets).