THE FARMERS & MERCHANTS BK OF HILL CITY Failed 1988

HILL CITY, KS · State commercial bank, Federal Reserve member · view on FDIC BankFind ↗

What happened

THE FARMERS & MERCHANTS BK OF HILL CITY of HILL CITY, KS was closed on 1988-02-18. The FDIC was named receiver.

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

Deposits were transferred to FARMERS&MERCHANTS BK HIL (HILL CITY, KS). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1629
FDIC Certificate
15862
FDIC FIN
2787
Bank name
THE FARMERS & MERCHANTS BK OF HILL CITY
Location
HILL CITY, KS
Failure date
1988-02-18
FDIC resolution date
1988-02-18
Charter type
State commercial bank, Federal Reserve member
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$5M
Deposits at failure
$17M
Assets at failure
$16M
Acquiring bank
FARMERS&MERCHANTS BK HIL (HILL CITY, KS)