The Columbian Bank and Trust Company - Topeka, KS

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

As of June 30, 2008, The Columbian Bank and Trust Company had assets of $752 million and total deposits of $622 million.

Successor Bank: All insured, non-brokered deposit accounts were transferred to Citizens Bank & Trust, Chillicothe, Missouri.

Citizens Bank & Trust
515 Locust St.
Chillicothe, MO

There were approximately $46 million in uninsured deposits held in approximately 610 accounts that potentially exceeded the insurance limits.

► Depositors must establish contact or the successor bank or the FDIC to reclaim their deposits. ► Not every depositor in a failed bank will receive notification from the FDIC, and there are time limits on claims of FDIC-insured bank accounts, CDs and safe deposit boxes. By law, accounts which go unclaimed for an extended period may be time barred, and safe deposit boxes can be drilled and the contents sold at auction. ► Additionally, accounts transferred to successor institutions may have lower interest rates and can lose insurance coverage.