SUNBELT FS&LA Failed 1987
What happened
SUNBELT FS&LA of WATONGA, OK was closed on 1987-08-20. The FDIC was named receiver.
Resolution: MGR
Deposits were transferred to CHISHOLM FS&LA (KINGFISHER, OK). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1502
- FDIC Certificate
- 31778
- FDIC FIN
- 1802
- Bank name
- SUNBELT FS&LA
- Location
- WATONGA, OK
- Failure date
- 1987-08-20
- FDIC resolution date
- 1988-08-31
- Charter type
- SL
- Resolution type
- MGR
- FDIC DIF cost (est.)
- $35M
- Deposits at failure
- $60M
- Assets at failure
- $66M
- Acquiring bank
- CHISHOLM FS&LA (KINGFISHER, OK)