SOLUTIONSBANK Failed 2009

OVERLAND PARK, KS · State commercial bank, Federal Reserve member · view on FDIC BankFind ↗

What happened

SOLUTIONSBANK of OVERLAND PARK, KS was closed on 2009-12-11. The FDIC was named receiver.

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

Deposits were transferred to ARVEST BANK (FAYETTEVILLE, AR). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3724
FDIC Certificate
4731
FDIC FIN
10160
Bank name
SOLUTIONSBANK
Location
OVERLAND PARK, KS
Failure date
2009-12-11
FDIC resolution date
2009-12-11
Charter type
State commercial bank, Federal Reserve member
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$93M
Deposits at failure
$421M
Assets at failure
$511M
Acquiring bank
ARVEST BANK (FAYETTEVILLE, AR)