MID AMERICA FED. S & L ASSOC. Failed 1989

PARSONS, KS · SL · view on FDIC BankFind ↗

What happened

MID AMERICA FED. S & L ASSOC. of PARSONS, KS was closed on 1989-03-02. The FDIC was named receiver.

Resolution: Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to BRANCH SALE (NONE, NA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2138
FDIC Certificate
28146
FDIC FIN
6982
Bank name
MID AMERICA FED. S & L ASSOC.
Location
PARSONS, KS
Failure date
1989-03-02
FDIC resolution date
1990-05-04
Charter type
SL
Resolution type
Insured Deposit Transfer — insured deposits transferred to another bank
FDIC DIF cost (est.)
$6M
Deposits at failure
$88M
Assets at failure
$83M
Acquiring bank
BRANCH SALE (NONE, NA)

Other banks BRANCH SALE acquired in FDIC resolutions