THE PEOPLES STATE BANK & TRUST CO Failed 1988

ELLINWOOD, KS · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

THE PEOPLES STATE BANK & TRUST CO of ELLINWOOD, KS was closed on 1988-01-07. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to THE PEOPLES STATE BANK & TR (ELLINWOOD, KS). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1595
FDIC Certificate
12133
FDIC FIN
1947
Bank name
THE PEOPLES STATE BANK & TRUST CO
Location
ELLINWOOD, KS
Failure date
1988-01-07
FDIC resolution date
1988-01-07
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
A/A
FDIC DIF cost (est.)
$2M
Deposits at failure
$40M
Assets at failure
$37M
Acquiring bank
THE PEOPLES STATE BANK & TR (ELLINWOOD, KS)