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Bank failure · KS

Sun Savings Association, Fa (Kansas City, KS) — failed February 17, 1989

Sun Savings Association, Fa of Kansas City, Kansas was closed on February 17, 1989 and resolved through a insured deposit transfer. Brotherhood B&tc (KS) took over its insured deposits. At failure it held $188.8M in assets and $186.0M in deposits. The FDIC's estimated loss on the failure is $66.5M (35.2% of assets).

Closing date
February 17, 1989
FDIC certificate #
28698
Resolution
Insured deposit transfer (failure)
Acquiring institution
Brotherhood B&tc
Insurance fund
RTC

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