Bank failure · KS
The Barber County S & L Assoc. (Medicine Lodge, KS) — failed March 2, 1989
The Barber County S & L Assoc. of Medicine Lodge, Kansas was closed on March 2, 1989 and resolved through a insured deposit transfer. First Nb (KS) took over its insured deposits. At failure it held $47.5M in assets and $41.7M in deposits. The FDIC's estimated loss on the failure is $15.4M (32.3% of assets).
- Closing date
- March 2, 1989
- FDIC certificate #
- 27726
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- First Nb
- Insurance fund
- RTC
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