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Bank Failures

Failed Bank Information for The First National Bank of Olathe, Olathe, KS

On August 12, 2011, The First National Bank of Olathe was closed by the Office of the Comptroller of the Currency. The FDIC was named Receiver. Enterprise Bank & Trust, Clayton, MO acquired all deposit accounts.

The FDIC as Receiver for The First National Bank of Olathe, Olathe, KS has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on December 18, 2017 and has made all dividend distributions required by law.

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

Receivership Status: TERMINATED

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Notice of Termination

Effective Date: June 1, 2018
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Notice of Intent to Terminate

Publication Date: December 18, 2017
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Dividend Information

Report on dividends paid
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Press Release

Official press release

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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: ENTERPRISE BANK & TRUST

About Enterprise Bank & Trust

All deposit accounts, excluding certain brokered deposits, were transferred to Enterprise Bank & Trust, Clayton, Missouri ("assuming institution"). Former The First National Bank of Olathe locations reopened as branches of Enterprise Bank & Trust.

Your transferred deposits were separately insured from any accounts you may have already had at Enterprise Bank & Trust for at least six months after the failure of The First National Bank of Olathe .

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

Contacting Enterprise Bank & Trust

You can contact Enterprise Bank & Trust:

Enterprise Bank & Trust
150 North Meramec
Clayton, MO 63105

Transaction Documentation

Purchase & Assumption Agreement - PDF
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank

Last Updated: May 21, 2024