Bank failure · TN
Union County Bank (Maynardville, TN) — failed April 22, 1986
Union County Bank of Maynardville, Tennessee was closed on April 22, 1986 and resolved through a insured deposit transfer. Commercial Bk Claiborne (TN) took over its insured deposits. At failure it held $32.9M in assets and $30.4M in deposits. The FDIC's estimated loss on the failure is $3.5M (10.6% of assets).
- Closing date
- April 22, 1986
- FDIC certificate #
- 16943
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Commercial Bk Claiborne
- Insurance fund
- FDIC
Other failures in 1986
- Lincoln Fs&la KY
- Citizens Bank & Trust Company LA
- Bank of Kansas City MO
- St. Louis Fs&la MO
- Farmers State Bank TX
- Lakeland State Bank MN
- Lago Vista National Bank TX
- First Bank & Trust Co. TX
- Landmark National Bank CO
- Barron County Fs&la WI
- Guaranty Federal Bank FSB WY
- First Savings of America IL
- The Citizens Bank of Windsor MO
- Cordell National Bank OK
- Firstsouth Fs&la AR
- First National Bank of Stewartville MN
- Panhandle Bank & Trust Company TX
- Hays State Bank KS
- Bank of Commerce TN
- Bank of Oklahoma, Okla. City, N.A. OK
- Gulf Federal Savings Bank LA
- First Security S&la CO
- First National Bank CA
- Norman Bank of Commerce OK