Banks in FDIC Receivership: First National Bank of Anthony

	Friday, June 19, 2009: First National Bank of Anthony, Anthony, Kansas, also operating branches as First National Bank of Johnson County, was closed by the Office of the Comptroller of the Currency. The Federal Deposit Insurance Corporation (FDIC) was named Receiver. The FDIC entered into a purchase and assumption agreement with Bank of Kansas, South Hutchinson, Kansas, to assume all of the deposits of First National Bank of Anthony. The six offices of First National Bank of Anthony, including the two in Johnson County, Kansas which operated under the name of First National Bank of Johnson County, reopened as branches of Bank of Kansas and are available immediately. As of March 31, 2009, First National Bank of Anthony had total assets of $156.9 million and total deposits of approximately $142.5 million. Transferred deposits will be separately insured from any accounts you may already have at Bank of Kansas for six months after the failure of First National Bank of Anthony. All interest accrued through Friday, June 19, 2009, will be paid at your same rate, however Bank of Kansas will be reviewing rates. Bank of Kansas 524 N. Main Street South Hutchinson, KS 67505 888.762.4762 http://www.bankofkansas.com Bank of Kansas paid a premium of 0.5 percent to acquire all of the deposits of the failed bank. In addition to assuming all of the deposits of the failed bank, Bank of Kansas agreed to purchase approximately $156.7 million of assets. The FDIC will retain the remaining assets for later disposition. The FDIC and Bank of Kansas entered into a loss-share transaction on approximately $130.5 million of First National Bank of Anthony's assets. Bank of Kansas will share in the losses on the asset pools covered under the loss-share agreement. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $32.2 million. For additional information and assistance contact the FDIC at: 1-877-367-2719; or go to: http://www.fdic.gov/bank/individual/failed/anthony.html
2009 FDIC Insured Failed Banks




The First National Bank of Anthony Main And Bluff Streets Anthony, KS 67003 http://www.fnbanthony.com
Established on 9/21/1885 as The First National Bank Of Anthony
Assets: $157 million
Deposits: $143 million


Cost to FDIC: $32 million

Creditor Claims: Claims against failed financial institutions occur when bills sent to the institution remain unpaid at the time of failure. Shortly after the failure, the FDIC sends notices directly to all known service providers to explain the claim filing process. If you provided a service for First National Bank of Anthony and have not received a notice, please contact:

Federal Deposit Insurance Corporation
Receiver: First National Bank of Anthony
Attention: Claims Department, DRR
1601 Bryan Street
Dallas, Texas 75201
1-800-568-9161

Note: There was no publicly owned stock in First National Bank of Anthony. If you are an equity shareholder, your shares are in First SCK Holding Company, not the institution. Contact: First SCK Holding Company, 203 W. Main, Anthony, Kansas 67003.

Consumer Alert

Unclaimed FDIC Insured Deposits

Note: There are time limits on claims of FDIC-insured bank accounts, CDs and safe deposit boxes ...

If an insured depositor fails to make a claim an insured or transferred deposit within 18 months after the FDIC initiates the payment of insured deposits, the transferee institution must refund the deposit to the FDIC, and all rights of the depositor against the transferee institution are barred.

The FDIC then remits the insured deposit to the custody of the unclaimed property administrator in the account owner's home state, unless that state declines to accept custody. Upon delivery, the FDIC is deemed to have made payment to the depositor, and all rights of the depositor against the FDIC are barred.

Most states allow claims in perpetuity, but there's a reversion clause. If a depositor does not claim the deposit delivered to the custody of the State within 10 years of the date of delivery, the deposit must then immediately be refunded to FDIC, and all rights of the depositor against the state are barred.

It's important to note that If a state declines to accept custody of the deposit - which they sometimes do - the depositor must claim the funds from the FDIC before the receivership is terminated, or all rights of the depositor with respect to the deposit are barred. Dividends for credits arising from uninsured portions of a deposit may, however, be claimed after the receivership is terminated if a dividend check was returned by the post office for a bad address.

Be aware that due to the number of mergers and acquisitions in the banking industry over the years, it is possible you or a deceased family member might well have an account at a failed bank and not know it. Additionally, unclaimed safe deposit boxes at closed branches may be drilled and the contents sold at auction just weeks after closing, so prompt action is advised. For assistance go to: Unclaimed Account Search

History: Established on 9/21/1885 as The First National Bank Of Anthony