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Bank failure · MO

Superior National Bank (Kansas City, MO) — failed April 14, 1994

Superior National Bank of Kansas City, Missouri was closed on April 14, 1994 and resolved through a insured deposit transfer. Citizens-Jackson County Ban (MO) took over its insured deposits. At failure it held $20.0M in assets and $19.6M in deposits. The FDIC's estimated loss on the failure is $3.7M (18.3% of assets).

Closing date
April 14, 1994
FDIC certificate #
25678
Resolution
Insured deposit transfer (failure)
Acquiring institution
Citizens-Jackson County Ban
Insurance fund
BIF

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What happens when a bank fails