THE FALUN STATE BANK Failed 1987
What happened
THE FALUN STATE BANK of FALUN, KS was closed on 1987-12-29. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to FARMERS STATE BANK (GALVA, KS). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1586
- FDIC Certificate
- 14094
- FDIC FIN
- 1945
- Bank name
- THE FALUN STATE BANK
- Location
- FALUN, KS
- Failure date
- 1987-12-29
- FDIC resolution date
- 1987-12-29
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $3M
- Assets at failure
- $3M
- Acquiring bank
- FARMERS STATE BANK (GALVA, KS)
Other banks FARMERS STATE BANK acquired in FDIC resolutions