# FINANCIAL FEDERAL SA

> **Failed bank** · JOPLIN, MO · failed 1989-04-06 · SL · FDIC cost $45M

## What happened

FINANCIAL FEDERAL SA of JOPLIN, MO was closed by state regulators on **1989-04-06**. The FDIC was named receiver.

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

Deposits were transferred to **FARM & HOME SA** (KANSAS CITY, MO). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2324
- **FDIC Certificate:** 29458
- **FDIC FIN:** 6967
- **Bank name:** FINANCIAL FEDERAL SA
- **Location:** JOPLIN, MO
- **Failure date:** 1989-04-06
- **FDIC resolution date:** 1990-04-27
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $45M
- **Deposits at failure:** $173M
- **Assets at failure:** $161M
- **Acquiring bank:** FARM & HOME SA (KANSAS CITY, MO)

## Other banks FARM & HOME SA has acquired in FDIC resolutions

- FIRST FS & LA OF PITTSBURG (PITTSBURG, KS) — failed 1991-05-03 — /failed-bank/3082

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FINANCIAL%20FEDERAL%20SA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FINANCIAL FEDERAL SA (FDIC ID 2324), failed 1989-04-06. Retrieved via AI Analytics 2026-07-04 from https://api.ai-analytics.org/failed-bank/2324.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*