Failed Bank Information for The Farmers and Merchants State Bank of Argonia, Argonia, KS
On Friday, October 13, 2017, The Farmers and Merchants State Bank of Argonia was closed by the Office of the State Bank Commissioner of Kansas. The FDIC was named Receiver. Conway Bank, Conway Springs, KS acquired all deposit accounts.
The FDIC as Receiver for The Farmers and Merchants State Bank of Argonia, Argonia, KS has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on November 5, 2018 and has made all dividend distributions required by law.
Effective August 1, 2019, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.
Receivership Status
TERMINATED
Effective Date: August 1, 2019
Publication Date: November 5, 2018
Beware of scams!
Please be advised you will not receive any email notification to claim, unlock or suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.
Beware of scams!
Please be advised you will not receive any email notification to claim/unlock/suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.
ACQUIRING INSTITUTION: CONWAY BANK
About Conway Bank
All deposit accounts, including brokered deposits, were transferred to Conway Bank, Conway Springs, KS ("assuming institution"). Former The Farmers and Merchants State Bank of Argonia locations reopened as branches of Conway Bank.
Your transferred deposits were separately insured from any accounts you may have already had at Conway Bank for at least six months after the failure of The Farmers and Merchants State Bank of Argonia.
You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with Conway Bank as long as the deposits are not pledged as collateral for loans.
Contacting Conway Bank
You can contact Conway Bank:
Conway Bank
124 West Spring Avenue
Conway Springs, KS 67031
Conway Bank (www.conwaybank.net)
Transaction Documentation
Purchase & Assumption Agreement - PDF
Agreement between FDIC and acquiring institution
Bid Summary
Report on the bids to purchase the failed bank