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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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