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Two Kansas Banks Fail Amid Fraud Allegations and Economy
The Decatur County National Bank of Oberlin and Farmers and Merchants State Bank of Rush County in LaCrosse failed, blamed on weak economy and alleged fraud by a former Oberlin official. The Bank of Oberlin will assume deposits and assets. the FDIC begins insured deposit payouts for LaCrosse.
MENTIONED IN THIS ARTICLE
Topeka
Kan
Kansas
Decatur County National Bank of
Oberlin
Farmers and Merchants State Bank
Rush County
LaCrosse
Western Kansas
Oklahoma
Iowa
Texas
U.S
Oberlin Bank
Decatur Investments Inc
Bank of Oberlin
Frank Vance
Comptroller
Washington
LaCrosse Bank
Eugene T. Barrett Jr
Barrett
Alan Whitney
Federal Deposit Insurance Corp
Washington D.C
FDIC
Whitney
Wichita
Vance
Comptroller’s
U.S. District Court
Farrell D. McAtee
McAfee
McAtee
Sam A. Crow
Hays
Bank of