ALMENA STATE BANK Failed 2020

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

What happened

ALMENA STATE BANK of ALMENA, KS was closed on 2020-10-23. The FDIC was named receiver.

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

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

Key facts

FDIC ID
4104
FDIC Certificate
15426
FDIC FIN
10538
Bank name
ALMENA STATE BANK
Location
ALMENA, KS
Failure date
2020-10-23
FDIC resolution date
2020-10-23
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.)
$16M
Deposits at failure
$65M
Assets at failure
$66M
Acquiring bank
EQUITY BANK (ANDOVER, KS)