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Bank failure · KS

The First National Bank of Chanute (Chanute, KS) — failed June 19, 1986

The First National Bank of Chanute of Chanute, Kansas was closed on June 19, 1986 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $45.4M in assets and $46.6M in deposits. The FDIC's estimated loss on the failure is $9.5M (21.0% of assets).

Closing date
June 19, 1986
FDIC certificate #
4637
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

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