Email: news@knssradio.com
Studio Line: (316) 436-1330
Opinion Line: (316) 247-1334
A   A   A
 Follow 
Share

Posted: Saturday, 21 July 2012 5:27PM

Bank Failures in 4 States Including KS Bring 2012 Total to 38



 
 
      LEAWOOD, Kan. -  Regulators have closed a small bank in Kansas, bringing to 38 the number of U.S. bank failures this year.
     The Federal Deposit Insurance Corporation on Friday seized Heartland Bank in Leawood, Kansas with $110 million in assets and $102.6 million in deposits. The FDIC also took possession of Second Federal Savings and Loan Association of Chicago, Illinois with $199.1 million in assets and $175.9 million in deposits.
     The FDIC has entered into a purchase and assumption agreement with Metcalf Bank of Lees Summit, Missouri, to assume all of the bank's deposits.

AP News
Filed Under :  
Topics : Business_Finance
Social :
Locations : IllinoisKansasLeawoodMissouri
A   A   A
 Follow 
Share
07/21/2012 5:32PM
Bank Failures in 4 States Including KS Bring 2012 Total to 38
Please enter your comments below.
Title:
Comment: