# CEDAR VALE STATE BANK

> **Failed bank** · CEDAR VALE, KS · failed 1988-01-21 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $3M

## What happened

CEDAR VALE STATE BANK of CEDAR VALE, KS was closed by regulators on **1988-01-21**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **CHISHOLM TRAIL STATE BAN** (WICHITA, KS). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1605
- **FDIC Certificate:** 19759
- **FDIC FIN:** 2773
- **Bank name:** CEDAR VALE STATE BANK
- **Location:** CEDAR VALE, KS
- **Failure date:** 1988-01-21
- **FDIC resolution date:** 1988-01-21
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $12M
- **Assets at failure:** $12M
- **Acquiring bank:** CHISHOLM TRAIL STATE BAN (WICHITA, KS)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CEDAR VALE STATE BANK (FDIC ID 1605), failed 1988-01-21. Retrieved via AI Analytics 2026-07-01 from https://api.ai-analytics.org/failed-bank/1605.

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