THE BENTON STATE BANK Failed 1987
What happened
THE BENTON STATE BANK of BENTON, KS was closed on 1987-06-11. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FIRST NATIONAL BANK&TRUS (EL DORADO, KS). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1448
- FDIC Certificate
- 17382
- FDIC FIN
- 2694
- Bank name
- THE BENTON STATE BANK
- Location
- BENTON, KS
- Failure date
- 1987-06-11
- FDIC resolution date
- 1987-06-11
- 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.)
- $3M
- Deposits at failure
- $9M
- Assets at failure
- $9M
- Acquiring bank
- FIRST NATIONAL BANK&TRUS (EL DORADO, KS)
Other banks FIRST NATIONAL BANK&TRUS acquired in FDIC resolutions