CHAMPION BANK Failed 2010

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

What happened

CHAMPION BANK of CREVE COEUR, MO was closed on 2010-04-30. The FDIC was named receiver.

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

Deposits were transferred to BANKLIBERTY (LIBERTY, MO). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3797
FDIC Certificate
58362
FDIC FIN
10227
Bank name
CHAMPION BANK
Location
CREVE COEUR, MO
Failure date
2010-04-30
FDIC resolution date
2010-04-30
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.)
$57M
Deposits at failure
$163M
Assets at failure
$196M
Acquiring bank
BANKLIBERTY (LIBERTY, MO)