THE REXFORD STATE BANK Failed 1984

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

What happened

THE REXFORD STATE BANK of REXFORD, KS was closed on 1984-10-10. The FDIC was named receiver.

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

Deposits were transferred to PEOPLES STB OF REXFORD (REXFORD, KS). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
926
FDIC Certificate
12867
FDIC FIN
2421
Bank name
THE REXFORD STATE BANK
Location
REXFORD, KS
Failure date
1984-10-10
FDIC resolution date
1984-10-10
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.)
$4M
Deposits at failure
$5M
Assets at failure
$6M
Acquiring bank
PEOPLES STB OF REXFORD (REXFORD, KS)