Bank failure · KS
Peoples Heritage Fs & LA (Salina, KS) — failed August 10, 1989
Peoples Heritage Fs & LA of Salina, Kansas was closed on August 10, 1989 and resolved through a insured deposit transfer. Branch Sale (NA) took over its insured deposits. At failure it held $1.8B in assets and $1.5B in deposits. The FDIC's estimated loss on the failure is $707.0M (39.1% of assets).
- Closing date
- August 10, 1989
- FDIC certificate #
- 28899
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Branch Sale
- Insurance fund
- RTC
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