Bank failure · TN
United American Bk in Knoxville (Knoxville, TN) — failed February 14, 1983
United American Bk in Knoxville of Knoxville, Tennessee was closed on February 14, 1983 and resolved through a a/a. First Tn Bank Knoxville (TN) took over its insured deposits. At failure it held $760.5M in assets and $590.9M in deposits. The FDIC's estimated loss on the failure is $266.4M (35.0% of assets).
- Closing date
- February 14, 1983
- FDIC certificate #
- 4943
- Resolution
- A/A (assistance)
- Acquiring institution
- First Tn Bank Knoxville
- Insurance fund
- FDIC
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