Hillcrest Bank, Overland Park, Kansas, Collapses Under Bad Loans

October 22, 2010 – Hillcrest Bank, Overland Park, Kansas, a $1.6 billion dollar asset institution, became the largest banking failure this week.  Regulators also closed six other banking institutions in Florida, Georgia, Illinois and Arizona. Hillcrest Bank was closed by the Kansas Office of the State Banking Commissioner, which appointed the FDIC as receiver.  The […]