COMMERCIAL BANK, N.A. Failed 1987

What happened

COMMERCIAL BANK, N.A. of OKLAHOMA CITY, OK was closed on 1987-10-16. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to COMMERCIAL BANK, N.A. (OKLAHOMA CITY, OK). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID

1539

FDIC Certificate

23473

FDIC FIN

1942

Bank name

COMMERCIAL BANK, N.A.

Location

OKLAHOMA CITY, OK

Failure date

1987-10-16

FDIC resolution date

1987-10-16

Charter type

National commercial bank (OCC-chartered)

Resolution type

A/A

FDIC DIF cost (est.)

$5M

Deposits at failure

$22M

Assets at failure

$23M

Acquiring bank

COMMERCIAL BANK, N.A. (OKLAHOMA CITY, OK)