VICTOR S&LA Failed 1987
What happened
VICTOR S&LA of MUSKOGEE, OK was closed on 1987-03-13. The FDIC was named receiver.
Resolution: MGR
Deposits were transferred to CIMARRON FS&LA (MUSKOGEE, OK). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1387
- FDIC Certificate
- 29828
- FDIC FIN
- 7579
- Bank name
- VICTOR S&LA
- Location
- MUSKOGEE, OK
- Failure date
- 1987-03-13
- FDIC resolution date
- 1988-07-29
- Charter type
- SL
- Resolution type
- MGR
- FDIC DIF cost (est.)
- $236M
- Deposits at failure
- $505M
- Assets at failure
- $601M
- Acquiring bank
- CIMARRON FS&LA (MUSKOGEE, OK)
Other banks CIMARRON FS&LA acquired in FDIC resolutions