BOULEVARD STATE BANK Failed 1987

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

What happened

BOULEVARD STATE BANK of WICHITA, KS was closed on 1987-02-05. The FDIC was named receiver.

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

Deposits were transferred to UNION BOULEVARD NB (WICHITA, KS). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1355
FDIC Certificate
17267
FDIC FIN
2642
Bank name
BOULEVARD STATE BANK
Location
WICHITA, KS
Failure date
1987-02-05
FDIC resolution date
1987-02-05
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.)
$20M
Deposits at failure
$90M
Assets at failure
$102M
Acquiring bank
UNION BOULEVARD NB (WICHITA, KS)