UNITED BANK OF MINNEAPOLIS Failed 1986

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

What happened

UNITED BANK OF MINNEAPOLIS of MINNEAPOLIS, KS was closed on 1986-08-21. The FDIC was named receiver.

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

Deposits were transferred to BENNINGTON STATE BANK (SALINA, KS). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1259
FDIC Certificate
9662
FDIC FIN
2592
Bank name
UNITED BANK OF MINNEAPOLIS
Location
MINNEAPOLIS, KS
Failure date
1986-08-21
FDIC resolution date
1986-08-21
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
$22M
Assets at failure
$23M
Acquiring bank
BENNINGTON STATE BANK (SALINA, KS)