THE FARMERS STATE BANK Failed 1984

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

What happened

THE FARMERS STATE BANK of SELDEN, KS was closed on 1984-12-20. The FDIC was named receiver.

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

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

Key facts

FDIC ID
947
FDIC Certificate
17700
FDIC FIN
2434
Bank name
THE FARMERS STATE BANK
Location
SELDEN, KS
Failure date
1984-12-20
FDIC resolution date
1984-12-20
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.)
$8M
Deposits at failure
$14M
Assets at failure
$15M
Acquiring bank
SELDEN STATE BANK (SELDEN, KS)