# DOUGLASS NATIONAL BANK

> **Failed bank** · KANSAS CITY, MO · failed 2008-01-25 · National commercial bank (OCC-chartered) · FDIC cost $7M

## What happened

DOUGLASS NATIONAL BANK of KANSAS CITY, MO was closed by the OCC on **2008-01-25**. The FDIC was named receiver.

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

Deposits were transferred to **LIBERTY BANK AND TRUST COMPANY** (NEW ORLEANS, LA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3556
- **FDIC Certificate:** 24660
- **FDIC FIN:** 10003
- **Bank name:** DOUGLASS NATIONAL BANK
- **Location:** KANSAS CITY, MO
- **Failure date:** 2008-01-25
- **FDIC resolution date:** 2008-01-25
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $7M
- **Deposits at failure:** $50M
- **Assets at failure:** $53M
- **Acquiring bank:** LIBERTY BANK AND TRUST COMPANY (NEW ORLEANS, LA)
- **FDIC comments:** OBA=0 per R Bennett 03/14/2012

## Other banks LIBERTY BANK AND TRUST COMPANY has acquired in FDIC resolutions

- COVENANT BANK (CHICAGO, IL) — failed 2013-02-15 — /failed-bank/4036
- HOME FEDERAL SAVINGS BANK (DETROIT, MI) — failed 2009-11-06 — /failed-bank/3711

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, DOUGLASS NATIONAL BANK (FDIC ID 3556), failed 2008-01-25. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3556.

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