# UNITED BANK OF MINNEAPOLIS

> **Failed bank** · MINNEAPOLIS, KS · failed 1986-08-21 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $2M

## What happened

UNITED BANK OF MINNEAPOLIS of MINNEAPOLIS, KS was closed by regulators 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
- **Estimated FDIC DIF cost:** $2M
- **Deposits at failure:** $22M
- **Assets at failure:** $23M
- **Acquiring bank:** BENNINGTON STATE BANK (SALINA, KS)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=UNITED%20BANK%20OF%20MINNEAPOLIS

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, UNITED BANK OF MINNEAPOLIS (FDIC ID 1259), failed 1986-08-21. Retrieved via AI Analytics 2026-07-02 from https://api.ai-analytics.org/failed-bank/1259.

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