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Bank failure · KS

Topeka Savings (Topeka, KS) — failed March 2, 1989

Topeka Savings of Topeka, Kansas was closed on March 2, 1989 and resolved through a insured deposit transfer. Bank IV Topeka, NA (KS) took over its insured deposits. At failure it held $96.6M in assets and $108.4M in deposits. The FDIC's estimated loss on the failure is $50.3M (52.0% of assets).

Closing date
March 2, 1989
FDIC certificate #
32561
Resolution
Insured deposit transfer (failure)
Acquiring institution
Bank IV Topeka, NA
Insurance fund
RTC

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