KANSAS AMERICAN BANK Failed 1985

OVERLAND PARK, KS · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

KANSAS AMERICAN BANK of OVERLAND PARK, KS was closed on 1985-07-25. The FDIC was named receiver.

Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to MIDAMERICAN B&T OVERLAND (OVERLAND PARK, KS). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1038
FDIC Certificate
20699
FDIC FIN
2483
Bank name
KANSAS AMERICAN BANK
Location
OVERLAND PARK, KS
Failure date
1985-07-25
FDIC resolution date
1985-07-25
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$6M
Deposits at failure
$24M
Assets at failure
$26M
Acquiring bank
MIDAMERICAN B&T OVERLAND (OVERLAND PARK, KS)