HAYS STATE BANK Failed 1986

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

What happened

HAYS STATE BANK of HAYS, KS was closed on 1986-12-04. The FDIC was named receiver.

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

Deposits were transferred to FARMERS STATE BANK&TRUST (HAYS, KS). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1317
FDIC Certificate
19094
FDIC FIN
2621
Bank name
HAYS STATE BANK
Location
HAYS, KS
Failure date
1986-12-04
FDIC resolution date
1986-12-04
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.)
$15M
Deposits at failure
$32M
Assets at failure
$28M
Acquiring bank
FARMERS STATE BANK&TRUST (HAYS, KS)