# FIRST FSA OF NEWTON

> **Failed bank** · NEWTON, KS · failed 1991-05-10 · Savings bank · FDIC cost $1M

## What happened

FIRST FSA OF NEWTON of NEWTON, KS was closed by state regulators on **1991-05-10**. The FDIC was named receiver.

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

Deposits were transferred to **CENTRAL NB-NEWTON** (NEWTON, KS). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3098
- **FDIC Certificate:** 30782
- **FDIC FIN:** 2138
- **Bank name:** FIRST FSA OF NEWTON
- **Location:** NEWTON, KS
- **Failure date:** 1991-05-10
- **FDIC resolution date:** 1991-10-28
- **Charter type:** Savings bank
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $106M
- **Assets at failure:** $126M
- **Acquiring bank:** CENTRAL NB-NEWTON (NEWTON, KS)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20FSA%20OF%20NEWTON

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST FSA OF NEWTON (FDIC ID 3098), failed 1991-05-10. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/3098.

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