Reelfoot Bank

Status:Inactive as of 03/25/2017
 Merger - Without Assistance
Successor Bank:Security Bank and Trust Company
Headquarters:Reelfoot Bank
1491 S. First Street
Union City, TN 38261
Established:08/02/1904
FDIC Insurance:01/01/1934
FDIC Cert:#9199
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$152,456,000
Total Deposits:$134,647,000

History

1904-08-02Institution established: Original name:Reelfoot Bank
1989-12-29Moved bank headquarters from HORNBEAK, TN to UNION CITY, TN
1989-12-29Acquired Dukedom Bank (18172) in DUKEDOM, TN
2001-11-13Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2001-11-13Acquired Fulton Bank (16338) in FULTON, KY
2005-12-27Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2005-12-27Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2017-03-25Merged into and subsequently operated as part of Security Bank and Trust Company (9172) in PARIS, TN
2020-08-15Acquired The Farmers & Merchants Bank (1480) in DYER, TN

Financial Information (2016-12-31 and Older)