Bank failure · KS
First FSB of Kansas (Wellington, KS) — failed March 2, 1989
First FSB of Kansas of Wellington, Kansas was closed on March 2, 1989 and resolved through a insured deposit transfer. Branch Sale (NA) took over its insured deposits. At failure it held $155.9M in assets and $168.3M in deposits. The FDIC's estimated loss on the failure is $59.9M (38.4% of assets).
- Closing date
- March 2, 1989
- FDIC certificate #
- 29264
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Branch Sale
- Insurance fund
- RTC
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