Bank failure · MO
Sun Security Bank (Ellington, MO) — failed October 7, 2011
Sun Security Bank of Ellington, Missouri was closed on October 7, 2011 and resolved through a purchase and assumption. Great Southern Bank (MO) took over its insured deposits. At failure it held $351.5M in assets and $280.6M in deposits. The FDIC's estimated loss on the failure is $93.1M (26.5% of assets).
- Closing date
- October 7, 2011
- FDIC certificate #
- 20115
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Great Southern Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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