# KEMPTON STATE BANK

> **Failed bank** · KEMPTON, IL · failed 1992-02-07 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $1M

## What happened

KEMPTON STATE BANK of KEMPTON, IL was closed by regulators on **1992-02-07**. The FDIC was named receiver.

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

Deposits were transferred to **VERMILION VALLEY BANK** (PIPER CITY, IL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3270
- **FDIC Certificate:** 16377
- **FDIC FIN:** 4447
- **Bank name:** KEMPTON STATE BANK
- **Location:** KEMPTON, IL
- **Failure date:** 1992-02-07
- **FDIC resolution date:** 1992-02-07
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $4M
- **Assets at failure:** $4M
- **Acquiring bank:** VERMILION VALLEY BANK (PIPER CITY, IL)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=KEMPTON%20STATE%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, KEMPTON STATE BANK (FDIC ID 3270), failed 1992-02-07. Retrieved via AI Analytics 2026-07-04 from https://api.ai-analytics.org/failed-bank/3270.

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