THE STRONG CITY STATE BANK Failed 1984
What happened
THE STRONG CITY STATE BANK of STRONG CITY, KS was closed on 1984-11-29. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to CHASE COUNTY BANK (STRONG CITY, KS). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 940
- FDIC Certificate
- 12429
- FDIC FIN
- 2430
- Bank name
- THE STRONG CITY STATE BANK
- Location
- STRONG CITY, KS
- Failure date
- 1984-11-29
- FDIC resolution date
- 1984-11-29
- 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.)
- $2M
- Deposits at failure
- $5M
- Assets at failure
- $5M
- Acquiring bank
- CHASE COUNTY BANK (STRONG CITY, KS)