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Bank failure · KS

Reserve S&la (Witchita, KS) — failed August 27, 1986

Reserve S&la of Witchita, Kansas was closed on August 27, 1986 and resolved through a a/a. Mid-Continent Fs&la (KS) took over its insured deposits. At failure it held $21.5M in assets and $27.1M in deposits. The FDIC's estimated loss on the failure is $8.2M (37.9% of assets).

Closing date
August 27, 1986
FDIC certificate #
31902
Resolution
A/A (assistance)
Acquiring institution
Mid-Continent Fs&la
Insurance fund
FSLIC

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