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Bank failure · OH

The McKinley Bank (Niles, OH) — failed February 22, 1991

The McKinley Bank of Niles, Ohio was closed on February 22, 1991 and resolved through a purchase and assumption. The Dollar Savings & Trust (OH) took over its insured deposits. At failure it held $70.6M in assets and $65.6M in deposits.

Closing date
February 22, 1991
FDIC certificate #
27170
Resolution
Purchase and assumption (failure)
Acquiring institution
The Dollar Savings & Trust
Insurance fund
BIF

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