# THE MISSION STATE BK & TR CO.

> **Failed bank** · MISSION, KS · failed 1980-08-08 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $15M

## What happened

THE MISSION STATE BK & TR CO. of MISSION, KS was closed by regulators on **1980-08-08**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 577
- **FDIC Certificate:** 1368
- **FDIC FIN:** 2283
- **Bank name:** THE MISSION STATE BK & TR CO.
- **Location:** MISSION, KS
- **Failure date:** 1980-08-08
- **FDIC resolution date:** 1980-08-08
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $15M
- **Deposits at failure:** $80M
- **Assets at failure:** $86M
- **Acquiring bank:** MISSION BANK (MISSION, KS)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20MISSION%20STATE%20BK%20%26%20TR%20CO.

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE MISSION STATE BK & TR CO. (FDIC ID 577), failed 1980-08-08. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/577.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*