Bank failure · KS
Mid Kansas S & LA Assoc. (Wichita, KS) — failed October 19, 1989
Mid Kansas S & LA Assoc. of Wichita, Kansas was closed on October 19, 1989 and resolved through a purchase and assumption. Branch Sale (NA) took over its insured deposits. At failure it held $761.9M in assets and $595.6M in deposits. The FDIC's estimated loss on the failure is $72.8M (9.6% of assets).
- Closing date
- October 19, 1989
- FDIC certificate #
- 29074
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Branch Sale
- Insurance fund
- RTC
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