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Bank failure · KS

Boulevard State Bank (Wichita, KS) — failed February 5, 1987

Boulevard State Bank of Wichita, Kansas was closed on February 5, 1987 and resolved through a purchase and assumption. Union Boulevard Nb (KS) took over its insured deposits. At failure it held $102.3M in assets and $89.6M in deposits. The FDIC's estimated loss on the failure is $20.1M (19.7% of assets).

Closing date
February 5, 1987
FDIC certificate #
17267
Resolution
Purchase and assumption (failure)
Acquiring institution
Union Boulevard Nb
Insurance fund
FDIC

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