Bank failure · KS
Anchor Sa (Kansas City, KS) — failed February 17, 1989
Anchor Sa of Kansas City, Kansas was closed on February 17, 1989 and resolved through a purchase and assumption. Bank IV Kansas City, NA (KS) took over its insured deposits. At failure it held $834.0M in assets and $596.5M in deposits. The FDIC's estimated loss on the failure is $133.1M (16.0% of assets).
- Closing date
- February 17, 1989
- FDIC certificate #
- 27845
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Bank IV Kansas City, NA
- Insurance fund
- RTC
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