THE FIRST NATIONAL BANK OF WHITE CITY Failed 1986
What happened
THE FIRST NATIONAL BANK OF WHITE CITY of WHITE CITY, KS was closed on 1986-01-09. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to BANK OF WHITE CITY (WHITE CITY, KS). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1130
- FDIC Certificate
- 4798
- FDIC FIN
- 2527
- Bank name
- THE FIRST NATIONAL BANK OF WHITE CITY
- Location
- WHITE CITY, KS
- Failure date
- 1986-01-09
- FDIC resolution date
- 1986-01-09
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $3M
- Deposits at failure
- $9M
- Assets at failure
- $10M
- Acquiring bank
- BANK OF WHITE CITY (WHITE CITY, KS)