# UNITED FS&LA

> **Failed bank** · DURANT, OK · failed 1987-06-29 · SL · FDIC cost $46M

## What happened

UNITED FS&LA of DURANT, OK was closed by state regulators on **1987-06-29**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **MIDWEST FS&LA OF MINNEAPOLI** (MINNEAPOLIS, MN). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1461
- **FDIC Certificate:** 29862
- **FDIC FIN:** 7570
- **Bank name:** UNITED FS&LA
- **Location:** DURANT, OK
- **Failure date:** 1987-06-29
- **FDIC resolution date:** 1988-03-25
- **Charter type:** SL
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $46M
- **Deposits at failure:** $78M
- **Assets at failure:** $90M
- **Acquiring bank:** MIDWEST FS&LA OF MINNEAPOLI (MINNEAPOLIS, MN)

## Other banks MIDWEST FS&LA OF MINNEAPOLI has acquired in FDIC resolutions

- INVESTORS FEDERAL BANK (EL RENO, OK) — failed 1987-06-18 — /failed-bank/1455
- RAMONA  S&LA (FILLMORE, CA) — failed 1986-09-12 — /failed-bank/1274
- CAPITOL S&LA (MOUNT PLEASANT, IA) — failed 1986-02-21 — /failed-bank/1152

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=UNITED%20FS%26LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, UNITED FS&LA (FDIC ID 1461), failed 1987-06-29. Retrieved via AI Analytics 2026-07-16 from https://api.ai-analytics.org/failed-bank/1461.

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