BANK OF LEETON Failed 2010

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

What happened

BANK OF LEETON of LEETON, MO was closed on 2010-01-22. The FDIC was named receiver.

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

Deposits were transferred to SUNFLOWER BANK (SALINA, KS). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3738
FDIC Certificate
8265
FDIC FIN
10174
Bank name
BANK OF LEETON
Location
LEETON, MO
Failure date
2010-01-22
FDIC resolution date
2010-01-22
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.)
$7M
Deposits at failure
$20M
Assets at failure
$20M
Acquiring bank
SUNFLOWER BANK (SALINA, KS)