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Bank failure · KS

First of Kansas Savings (Hays, KS) — failed April 6, 1989

First of Kansas Savings of Hays, Kansas was closed on April 6, 1989 and resolved through a insured deposit transfer. First Nb&t (KS) took over its insured deposits. At failure it held $53.9M in assets and $46.2M in deposits. The FDIC's estimated loss on the failure is $6.0M (11.1% of assets).

Closing date
April 6, 1989
FDIC certificate #
27777
Resolution
Insured deposit transfer (failure)
Acquiring institution
First Nb&t
Insurance fund
RTC

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