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Excel Bank
Excel Bank Become Simmons First National Bank (Photo Courtesy of Excel 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.

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