THE MURDOCK STATE BANK Failed 1987
What happened
THE MURDOCK STATE BANK of MURDOCK, KS was closed on 1987-09-24. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to FARMERS STB OF NORWICH K (NORWICH, KS). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1521
- FDIC Certificate
- 13607
- FDIC FIN
- 5907
- Bank name
- THE MURDOCK STATE BANK
- Location
- MURDOCK, KS
- Failure date
- 1987-09-24
- FDIC resolution date
- 1987-09-24
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $2M
- Deposits at failure
- $8M
- Assets at failure
- $9M
- Acquiring bank
- FARMERS STB OF NORWICH K (NORWICH, KS)