Record · Bank
COMMERCE FSB
COMMERCE FSB held $40.1 million in total assets at failure as of August 26, 1988, according to the FDIC.
COMMERCE FSB, of KNOXVILLE, TN, was an FDIC-insured institution that received FDIC assistance on August 26, 1988, as the FDIC records it.
The failure
- August 26, 1988
- Assisted
- $40.1 million
- Assets at failure
- $40,107,000
- $50.8 million
- Deposits at failure
- $50,776,000
- $21.2 million
- Estimated cost to the insurance fund
- $21,200,000
- The FDIC's estimate as of July 31, 2026; it revises the estimate as it sells the bank's assets.
- SECURITY TRUST FS&LA
- Acquired by
- OAK RIDGE, TN
The FDIC’s entry
- FDIC certificate number
- 31881
- Resolution
- ASSISTANCE
- Transaction type
- A/A
- Charter class
- SB
- Insurance fund
- FSLIC
- Insured since
- June 24, 1977
- Established
- January 1, 1976
- Recorded in
- The FDIC’s failures data
Sources
- FDIC failures — every bank failure and assistance transaction since 1934 — Federal Deposit Insurance Corporation · Public domain — U.S. Government work · retrieved September 27, 2026
Compiled automatically from FDIC failures — every bank failure and assistance transaction since 1934 by a checked SQL query · Editor: Kian O'Connor · How this site is built
Data retrieved