Bank failure · KS
The Strong City State Bank (Strong City, KS) — failed November 29, 1984
The Strong City State Bank of Strong City, Kansas was closed on November 29, 1984 and resolved through a purchase and assumption. Chase County Bank (KS) took over its insured deposits. At failure it held $5.0M in assets and $4.7M in deposits. The FDIC's estimated loss on the failure is $1.8M (36.8% of assets).
- Closing date
- November 29, 1984
- FDIC certificate #
- 12429
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Chase County Bank
- Insurance fund
- FDIC
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