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Failed Bank List

Failed Bank Information for Heartland Tri-State Bank, Elkhart, KS

On Friday, July 28, 2023, Heartland Tri-State Bank was closed by the Kansas Office of the State Bank Commissioner. The Federal Deposit Insurance Corporation (FDIC) was subsequently named Receiver. No advance notice is given to the public when a financial institution is closed. Dream First Bank, National Association (N.A.), Syracuse, KS assumed all deposit accounts and substantially all the assets. All shares of stock were owned by the holding company, which was not involved in this transaction.

Frequently Asked Questions | English | En Español

July 28, 2023 Official Press Release | En Español

A person using their phone to make a mobile deposit

If You Had a Deposit Account

The full balance of all deposit accounts has been transferred to Dream First Bank, N.A.

You may continue to use your checks and ATM/Debit card. Direct deposits like paychecks and social security benefits will continue as usual. Please refer to the Banking Services section below for more details.

EDIE — Electronic Deposit Insurance Estimator
Calculate insurance coverage of deposit accounts

Facts for Depositors
General information explaining the role of FDIC

Two people being consulted by a loan officer

If You Had a Loan

You should continue to make payments, including escrow payments, as usual; the terms of your loan will not change.

If your loan is currently in process or you had a line of credit, contact your loan officer.

If you are making escrow payments and receive notification that any portion of your taxes or insurance was not paid, contact your loan officer.

If you received notice that the FDIC retained your loan, and you have questions, please visit the FDIC Information and Support Center.

Obtaining a Lien Release
Process on getting a release of lien

Borrower’s Guide to an FDIC Insured Bank Failure
Overview of how FDIC processes loans

Facts for Borrowers
General information explaining the role of FDIC

A couple reviewing papers and pointing at a computer

If You Are Owed Money for a Service or Product Provided

You may be eligible to file a claim against Heartland Tri-State Bank.

If you have not been paid for services rendered prior to July 28, 2023, please refer to the Filing Claims section below.

Facts for Creditors
General information explaining the role of FDIC

Publication Notice to Creditors and Depositors of Heartland Tri-State Bank – PDF

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Beware of Scams
If you are concerned about becoming a victim of fraud, be advised that you will not receive any communication from the FDIC requesting any private information. Be watchful for and resistant to any scams to obtain information from you by individuals or entities stating they are acting on behalf of Heartland Tri-State Bank, Dream First Bank, N.A., or the FDIC. The FDIC, however, will encourage you to correspond with us via the FDIC Claims Portal, a secure web portal.

Acquiring Institution: Dream First Bank, N.A.

About Dream First Bank, N.A.
All deposit accounts, including brokered deposits, have been transferred to Dream First Bank, N.A., Syracuse, KS ("assuming institution") and will be available immediately. The former Heartland Tri-State Bank locations will reopen as branches of Dream First Bank, N.A. during regular business hours.

All transferred deposits will be separately insured from any accounts you may already have at Dream First Bank, N.A. for at least six months after the failure of Heartland Tri-State Bank. Checks that were drawn on Heartland Tri-State Bank that did not clear before the institution closed will be honored as long as there are sufficient funds in the account.

Dream First Bank, N.A. will review deposit rates. You will be notified of any changes. You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with Dream First Bank, N.A. as long as the deposits are not pledged as collateral for loans.

Contacting Dream First Bank, N.A.
You can contact Dream First Bank, N.A.:

Dream First Bank, N.A.
11 N Main St
Syracuse, KS 67878

Dream First Bank, N.A. (

Transaction Documentation
Bid Summary
Report on the bids to purchase the failed bank

Brokered Accounts
All deposit accounts have been transferred to Dream First Bank, N.A. If you are a customer who has a Heartland Tri-State Bank deposit through a broker, you must contact your broker with any questions.

Deposit Broker's Processing Guide

Banking Services

Automatic Payments/Bill Pay/Online Banking
These services will continue as usual. Your routing number and account number will remain the same until you are notified in writing by Dream First Bank, N.A.

ATM and Debit Cards
Your ATM/Debit card will continue to work as usual.

Your checks will be processed as usual. All outstanding checks will be paid against your available balance(s). Dream First Bank, N.A. will contact you soon regarding any changes in the terms of your account. If you have a problem with a merchant refusing to accept your check, please contact your branch office.

Direct Deposit
All direct deposits, for example, social security, payroll, veterans' benefits, disability, unemployment or any payment you receive electronically will continue as usual.

Overdraft Lines of Credit
These lines have been transferred to Dream First Bank, N.A. Please contact Dream First Bank, N.A. if you have additional questions regarding your accounts.

Safe Deposit Boxes
You will have access to your safe deposit boxes during normal business hours. Any changes will be communicated by Dream First Bank, N.A.

Tax Reporting — 1098 and/or 1099
Dream First Bank, N.A. will be responsible for mailing your 1099 tax information. Your 1098 reporting will be done by the FDIC or the servicer of your loan. You will be notified of any changes in ownership or servicing of your loan.

Filing Claims

If you or your company provided a service or product, leased space, furniture, or equipment to Heartland Tri-State Bank prior to July 28, 2023, and have not been paid, you may have a claim against Heartland Tri-State Bank.

Any party/claimant who wishes to submit a Receivership claim electronically should utilize the Non-Deposit FDIC Claims Portal or email

All creditors having claims against Heartland Tri-State Bank must submit their claims to the Receiver online, via email, or by mail.


FDIC as Receiver for Heartland Tri-State Bank
Attention: Claims Agent
600 North Pearl Street
Suite 700
Dallas, TX 75201

Please note: There are time limits for filing a claim. Your claim must be filed on or before 11/27/2023 (the "Claims Bar Date").

Under federal law, failure to file a claim on or before the Claims Bar Date will result in disallowance of the claim by the Receiver. The disallowance will be final. 12 U.S.C. Section 1821(d)(5)(C).

NOTE TO CLASS CLAIMANTS: By law, the Receiver will not accept a claim filed on behalf of a proposed class of individuals or entities or a class of individuals or entities certified by a court. EACH individual or entity must file a separate claim with the Receiver.

Priority of Claims
In accordance with Federal law, allowed claims will be paid, after administrative expenses, in the following order of priority:

  1. Depositors
  2. General Unsecured Creditors
  3. Subordinated Debt
  4. Stockholders

For Shareholders of Elkhart Financial Corporation

All shares of Heartland Tri-State Bank are owned by its holding company, Elkhart Financial Corporation, Elkhart, KS. The holding company was not included in the closing of the bank or resulting receivership.

Contacting the Holding Company
If you are a shareholder, please do not contact or file a claim with the Receiver. You must contact the holding company directly:

Elkhart Financial Corporation
601 Morton Street
Elkhart, KS 67950

Contact Information

Questions About This Closing
Please contact the call center at the number provided below with any additional questions:


Hours of Operation — Central Time
Monday – Friday (excluding federal holidays): 8:00 AM – 4:00 PM