TellerScore

Bank failure · NE

Tierone Bank (Lincoln, NE) — failed June 4, 2010

Tierone Bank of Lincoln, Nebraska was closed on June 4, 2010 and resolved through a purchase and assumption. Great Western Bank (SD) took over its insured deposits. At failure it held $2.8B in assets and $2.2B in deposits.

Closing date
June 4, 2010
FDIC certificate #
29341
Resolution
Purchase and assumption (failure)
Acquiring institution
Great Western Bank
Insurance fund
DIF
Pre-failure filings
Last reported financials

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What happens when a bank fails