TERRITORY S&LA Failed 1988

SEMINOLE, OK · SL · view on FDIC BankFind ↗

What happened

TERRITORY S&LA of SEMINOLE, OK was closed on 1988-01-29. The FDIC was named receiver.

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

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1617
FDIC Certificate
32118
FDIC FIN
7564
Bank name
TERRITORY S&LA
Location
SEMINOLE, OK
Failure date
1988-01-29
FDIC resolution date
1988-01-29
Charter type
SL
Resolution type
Insured Deposit Transfer — insured deposits transferred to another bank
FDIC DIF cost (est.)
$50M
Deposits at failure
$68M
Assets at failure
$31M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions