Bank failure · IA
Vantus Bank (Sioux City, IA) — failed September 4, 2009
Vantus Bank of Sioux City, Iowa was closed on September 4, 2009 and resolved through a purchase and assumption. Great Southern Bank (MO) took over its insured deposits. At failure it held $503.6M in assets and $394.4M in deposits. The FDIC's estimated loss on the failure is $101.6M (20.2% of assets).
- Closing date
- September 4, 2009
- FDIC certificate #
- 27732
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Great Southern Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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