Bank failure · MO
The Home Bank (Savannah, MO) — failed November 6, 1986
The Home Bank of Savannah, Missouri was closed on November 6, 1986 and resolved through a purchase and assumption. United Mo Bank of St Jos (MO) took over its insured deposits. At failure it held $39.1M in assets and $40.1M in deposits. The FDIC's estimated loss on the failure is $7.5M (19.1% of assets).
- Closing date
- November 6, 1986
- FDIC certificate #
- 1428
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- United Mo Bank of St Jos
- Insurance fund
- FDIC
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