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Regulator closes Gateway Bank of St Louis, names FDIC receiver
Tuesday, November 10, 2009 5:53 AM


(Source: Datamonitor)trackingThe Missouri Division of Finance has closed Gateway Bank of St Louis and appointed the Federal Deposit Insurance Corporation as receiver.

To protect the depositors, the Federal Deposit Insurance Corporation (FDIC) has entered into a purchase and assumption agreement with Central Bank of Kansas City to assume all of the deposits of Gateway Bank of St Louis.

The sole branch of Gateway Bank of St Louis has reopened as a branch of Central Bank of Kansas City.

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