BARNARD STATE BANK Failed 1989

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

What happened

BARNARD STATE BANK of BARNARD, KS was closed on 1989-08-03. The FDIC was named receiver.

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

Deposits were transferred to SALINE VALLEY BANK (LINCOLN, KS). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2467
FDIC Certificate
4623
FDIC FIN
4063
Bank name
BARNARD STATE BANK
Location
BARNARD, KS
Failure date
1989-08-03
FDIC resolution date
1989-08-03
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$1M
Deposits at failure
$5M
Assets at failure
$5M
Acquiring bank
SALINE VALLEY BANK (LINCOLN, KS)