FDIC

Excel Bank in Sedalia Closes, Becomes Simmons First National Bank
Excel Bank in Sedalia Closes, Becomes Simmons First National Bank
Excel Bank in Sedalia Closes, Becomes Simmons First National Bank
Excel Bank, Sedalia, was closed Friday by the Missouri Division of Finance, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Simmons First National Bank, Pine Bluff, Arkansas, to assume all of the deposits of Excel Bank.