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Data / Bank failures / 1984 / National Bank and Trust Company of Travers

National Bank and Trust Company of Travers, Traverse City, MI: failed March 9, 1984

National Bank and Trust Company of Travers in Traverse City, Michigan, failed on March 9, 1984. NBD Northwest Bank NA of Traverse City, MI, took over its deposits. It held $104 million in assets and $97.8 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $12.2 million (11.7% of its assets). By assets it was the 21st largest of 106 banks closed or assisted in 1984.

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The FDIC's record

Closed
March 9, 1984
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Acquirer
NBD Northwest Bank NA, Traverse City, MI
Total assets
$103,968,000
Total deposits
$97,825,000
Estimated cost to the FDIC
$12,209,400 (estimate as of July 31, 2026)
Charter
National bank (supervised by the OCC)
Insurance fund
FDIC
FDIC certificate
14598

The FDIC record

Other bank failures in Michigan, 1982 to 1986

BankCityClosedAssetsDepositsEstimated costAcquirer
Family FS&LA (assistance)SaginawOctober 31, 1986$338.9 million$354.9 million$17.2 millionHeritage FSB
Usm (u.s. Mutual) S&LAAnn ArborNovember 26, 1985$306.1 million$287 million$31.1 millionGreat Lakes Bancorp
Guaranty FS&LA (assistance)TaylorJuly 22, 1983$143.4 million$133.5 million$1 millionGuaranty FS&LA
Metropolitan Sa (assistance)FarmingtonFebruary 12, 1983$395.9 million$254 million$1.5 millionEmpire of America, Fsa
American FS&LA (assistance)SouthfieldJuly 30, 1982$841.7 million$475.8 million$3.1 millionEmpire of America, Fsa
Community BK of WashtenawYpsilantaiMay 15, 1982$19.9 million$18.2 million$242,786Michigan NB Ann Arbor

All bank failures in 1984 · All bank failures in Michigan · The full failed bank list

Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.