Bank Failures in Brief
There have been 2 bank failures in 2016. The list of Bank Failures in Brief is updated through April 29, 2016, the date of the last bank closing. Please address questions on this subject to the Customer Service Hotline (Telephone: 1-888-206-4662).
- Trust Company Bank, Memphis, TN with approximately $20.7 million in total assets and $20.3 million in total deposits was closed. The Bank of Fayette County, Piperton, TN has agreed to assume all deposits.
- North Milwaukee State Bank, Milwaukee, WI with approximately $67.1 million in total assets and $61.5 million in total deposits was closed. First-Citizens Bank & Trust Company has agreed to assume all deposits excluding certain brokered deposits.