TellerScore

Bank failure · MO

Champion Bank (Creve Coeur, MO) — failed April 30, 2010

Champion Bank of Creve Coeur, Missouri was closed on April 30, 2010 and resolved through a purchase and assumption. Bankliberty (MO) took over its insured deposits. At failure it held $195.5M in assets and $162.8M in deposits. The FDIC's estimated loss on the failure is $57.1M (29.2% of assets).

Closing date
April 30, 2010
FDIC certificate #
58362
Resolution
Purchase and assumption (failure)
Acquiring institution
Bankliberty
Insurance fund
DIF
Pre-failure filings
Last reported financials

Other failures in 2010

What happens when a bank fails