Bank failure · KS
The Rexford State Bank (Rexford, KS) — failed October 10, 1984
The Rexford State Bank of Rexford, Kansas was closed on October 10, 1984 and resolved through a purchase and assumption. Peoples Stb of Rexford (KS) took over its insured deposits. At failure it held $5.8M in assets and $5.3M in deposits. The FDIC's estimated loss on the failure is $4.5M (77.7% of assets).
- Closing date
- October 10, 1984
- FDIC certificate #
- 12867
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Peoples Stb of Rexford
- Insurance fund
- FDIC
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