Government regulators seized two Kansas financial institutions March 20.
Bank regulators closed Teambank of Paola, Kansas. Great Southern Bank of Missouri will assume its deposits. Teambank’s failure will cost the deposit insurance fund an estimated $98 million.
Central Federal Credit Union of Lenexa was placed into conservatorship by the National Credit Union Administration.
Related posts:
- Kansas Bank Seized by Regulators The First National Bank of Anthony in Harper County near the Oklahoma border was seized by bank regulars Friday. The...
- Kansas City Bank Shut Down Bank regulators from the Federal Deposit Insurance Corporation (FDIC) shut down five banks Friday including the First Bank of Kansas...
- What You Can Do to Avoid Problems with Credit After Bankruptcy What You Can Do to Avoid Problems with Credit After Bankruptcy * If you don’t want it, don’t get it. ...
- Bailout No Help for Kansas Home Borrowers Legislation that would have allowed for bankruptcy court-supervised loan modifications in some limited circumstances, sometimes called lien stripping, was stripped...
- Kansas Bankruptcy Filings Up 23% At economic conditions worsen for people, it is no surprise that bankruptcy filings rose 22.6% in Kansas and 34.5% in...
