OK FEDERAL S&LA Failed 1987
What happened
OK FEDERAL S&LA of EL RENO, OK was closed on 1987-07-31. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to GLOBE SAVINGS BANK FSB (EL RENO, OK). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1488
- FDIC Certificate
- 29273
- FDIC FIN
- 1710
- Bank name
- OK FEDERAL S&LA
- Location
- EL RENO, OK
- Failure date
- 1987-07-31
- FDIC resolution date
- 1987-07-31
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $62M
- Deposits at failure
- $87M
- Assets at failure
- $52M
- Acquiring bank
- GLOBE SAVINGS BANK FSB (EL RENO, OK)