Monday, August 25, 2008

9th U.S. Bank, The Columbian Bank and Trust Company, Declared Closed

On August 22, 2008, The Columbian Bank and Trust Company, Topeka, KS was closed by the Kansas Office of the State Bank Commissioner and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.

The Columbian Bank and Trust Company is the number 9th bank to close after the sub-prime crisis started.

Announcement from FDIC
http://www.fdic.gov/bank/individual/failed/columbian.html

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