THE FIRST NATIONAL BANK OF HERINGTON Failed 1987

HERINGTON, KS · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

THE FIRST NATIONAL BANK OF HERINGTON of HERINGTON, KS was closed on 1987-04-02. The FDIC was named receiver.

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

Deposits were transferred to BANK OF HERINGTON (HERINGTON, KS). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1406
FDIC Certificate
4685
FDIC FIN
2671
Bank name
THE FIRST NATIONAL BANK OF HERINGTON
Location
HERINGTON, KS
Failure date
1987-04-02
FDIC resolution date
1987-04-02
Charter type
National commercial bank (OCC-chartered)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$5M
Deposits at failure
$20M
Assets at failure
$21M
Acquiring bank
BANK OF HERINGTON (HERINGTON, KS)