Bank failure · WV
The Tucker County Bank (Parsons, WV) — failed February 3, 1984
The Tucker County Bank of Parsons, West Virginia was closed on February 3, 1984 and resolved through a purchase and assumption. Citizens Nb of Elkins (WV) took over its insured deposits. At failure it held $15.4M in assets and $14.8M in deposits. The FDIC's estimated loss on the failure is $2.6M (16.9% of assets).
- Closing date
- February 3, 1984
- FDIC certificate #
- 843
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Citizens Nb of Elkins
- Insurance fund
- FDIC
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