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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Failed Bank Information for Mid City Bank, Inc., Omaha, NE

On November 4, 2011, Mid City Bank was closed by the Nebraska Department of Banking and Finance. The FDIC was named Receiver. Purdum State Bank, Purdum, NE acquired all deposit accounts.

The FDIC as Receiver for Mid City Bank, Inc., Omaha, NE has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on August 28, 2017 and has made all dividend distributions required by law.

Effective April 1, 2018, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.

Receivership Status

TERMINATED

Notice of Termination

Effective Date: April 1, 2018


Notice of Intent to Terminate

Publication Date: August 28, 2017

Dividend Information

Report on dividends paid


Press Release

Official press release

cautionBeware 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.

caution

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: PURDUM STATE BANK

About Purdum State Bank

All deposit accounts, including brokered deposits, were transferred to Purdum State Bank, Purdum, NE ("assuming institution"). Former Mid City Bank locations reopened as branches of Purdum State Bank.

Your transferred deposits were separately insured from any accounts you may have already had at Purdum State Bank for at least six months after the failure of Mid City Bank.

You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with Purdum State Bank as long as the deposits are not pledged as collateral for loans.

Purdum State Bank has changed its legal name and is currently doing business as Premier Bank.

Contacting Premier Bank

You can contact Premier Bank:

Premier Bank
16802 Burke Street
Omaha, NE 68118

Premier Bank (www.premierbankne.com)

Transaction Documentation

Purchase & Assumption Agreement - PDF (4.19 Mb)
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank

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