# THE FALUN STATE BANK

> **Failed bank** · FALUN, KS · failed 1987-12-29 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $0M

## What happened

THE FALUN STATE BANK of FALUN, KS was closed by regulators 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
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $3M
- **Assets at failure:** $3M
- **Acquiring bank:** FARMERS STATE BANK (GALVA, KS)

## Other banks FARMERS STATE BANK has acquired in FDIC resolutions

- THE FIRST NATIONAL BANK OF WORTH (WORTHAM, TX) — failed 1991-02-14 — /failed-bank/3017
- THE GARNETT S & L ASSOC. (GARNETT, KS) — failed 1989-12-07 — /failed-bank/2579
- BANK OF PANAMA (PANAMA, NE) — failed 1985-12-19 — /failed-bank/1122
- THE BANK OF RED OAK (RED OAK, OK) — failed 1983-12-16 — /failed-bank/840

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20FALUN%20STATE%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE FALUN STATE BANK (FDIC ID 1586), failed 1987-12-29. Retrieved via AI Analytics 2026-07-03 from https://api.ai-analytics.org/failed-bank/1586.

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