BANK OF NORTONVILLE Failed 1986

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

What happened

BANK OF NORTONVILLE of NORTONVILLE, KS was closed on 1986-05-01. The FDIC was named receiver.

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

Deposits were transferred to KENDALL STATE BANK (VALLEY FALLS, KS). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1190
FDIC Certificate
4742
FDIC FIN
2554
Bank name
BANK OF NORTONVILLE
Location
NORTONVILLE, KS
Failure date
1986-05-01
FDIC resolution date
1986-05-01
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.)
$2M
Deposits at failure
$6M
Assets at failure
$7M
Acquiring bank
KENDALL STATE BANK (VALLEY FALLS, KS)