STILLWATER COMMUNITY BANK Failed 1986
What happened
STILLWATER COMMUNITY BANK of STILLWATER, OK was closed on 1986-10-23. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to BANK NATIONAL ASSN (MCALESTER, OK). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1292
- FDIC Certificate
- 19010
- FDIC FIN
- 2607
- Bank name
- STILLWATER COMMUNITY BANK
- Location
- STILLWATER, OK
- Failure date
- 1986-10-23
- FDIC resolution date
- 1986-10-23
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $8M
- Deposits at failure
- $23M
- Assets at failure
- $23M
- Acquiring bank
- BANK NATIONAL ASSN (MCALESTER, OK)
Other banks BANK NATIONAL ASSN acquired in FDIC resolutions