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Heartland Tristate Bank In Kansas Seized By Federal Regulators

By CDM Staff

July 28, 2023

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Heartland Tri-State Bank in Kansas has been closed by regulators, making them the 5th US bank failure this year.

On Friday, July 28, 2023, Heartland Tri-State Bank, Elkhart, KS was closed by the Kansas Office of the State Bank Commissioner. Subsequently, the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed, declared the Heartland Tri-State Bank website after the seizure.

All deposit accounts have been transferred to Dream First Bank, National Association (N.A.), Syracuse, KS. For more information on Dream First Bank, N.A. visit us at www.dreamfirst.bank.

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CDM Staff

The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."

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Ranger

8 months ago

This was one of the best-run banks in America. Conservative strategies ensured it and its three other KS banks were strong and solvent. BlackRock has been on a bank-buying/investing spree of late, and abhors anything remotely "conservative". What if: As THE most-influential investment entity on Earth, BlackRock "enticed" the FDIC to confiscate Heartland Tri-State Bank, thereby sending a not-so-subtle message to every other small, solvent bank in America: "Don't resist! We're taking over."

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