Bank failure · TN
Warren County Bank (McMinniville, TN) — failed September 16, 1983
Warren County Bank of McMinniville, Tennessee was closed on September 16, 1983 and resolved through a purchase and assumption. Murfreesboro Bank&trust (TN) took over its insured deposits. At failure it held $19.6M in assets and $18.7M in deposits. The FDIC's estimated loss on the failure is $8.8M (45.0% of assets).
- Closing date
- September 16, 1983
- FDIC certificate #
- 20736
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Murfreesboro Bank&trust
- Insurance fund
- FDIC
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