Bank failure · KS
Teambank, N.A. (Paola, KS) — failed March 20, 2009
Teambank, N.A. of Paola, Kansas was closed on March 20, 2009 and resolved through a purchase and assumption. Great Southern Bank (MO) took over its insured deposits. At failure it held $669.8M in assets and $532.5M in deposits. The FDIC's estimated loss on the failure is $134.6M (20.1% of assets).
- Closing date
- March 20, 2009
- FDIC certificate #
- 4754
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Great Southern Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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