The Graveyard › Banks › 1982

Security Bank and Trust Company

Cairo, IL · failed August 27, 1982 · FDIC certificate 3774

Security Bank and Trust Company of Cairo, IL failed on August 27, 1982. It opened in 1934, 48 years before. At its last report before that it held $12.0 million in assets and $11.2 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $2.5 million on it.

Assets at the end$12.0 millionlast report before August 27, 1982

Deposits at the end$11.2 million

Estimated loss to the fund$2.5 millionFDIC

On the FDIC's list: SECURITY BK & TR COMPANY.

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Also ended in 1982

First Fs&La of Chicago · Galena · $3.5 billion in assets · assisted
The New York Bank for Savings · New York · $3.5 billion in assets · assisted
Talman Home, Fs&La · Chicago · $3.4 billion in assets
Fidelity S&LA · San Francisco · $2.9 billion in assets · assisted
The Western Saving Fund Society of Philade · Philadelphia · $2.1 billion in assets · assisted
County Fs&La · Rockville Centre · $1.4 billion in assets · assisted

History, not advice.

Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.