Bank failure · KS
Mid America Fed. S & L Assoc. (Parsons, KS) — failed March 2, 1989
Mid America Fed. S & L Assoc. of Parsons, 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 $83.3M in assets and $87.9M in deposits. The FDIC's estimated loss on the failure is $6.2M (7.5% of assets).
- Closing date
- March 2, 1989
- FDIC certificate #
- 28146
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Branch Sale
- Insurance fund
- RTC
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