Security Savings Bank, F.S.B., Olathe, Kan., was closed by the Office of Thrift Supervision. The FDIC arranged for Simmons First National Bank, Pine Bluff, Ark., to assume all of the deposits of the failed bank. WestBridge Bank and Trust Company, Chesterfield, Mo., had $91.5 million in total assets. The estimated cost to the Deposit Insurance Fund (DIF) will be $82.2 million. The bank’s nine branches of Premier Bank will reopen as branches of Providence Bank.”]
Source: https://www.cuinfosecurity.com/three-banks-closed-on-oct-15-a-3015