# CENTURY BANK

> **Failed bank** · TULSA, OK · failed 1988-03-24 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $17M

## What happened

CENTURY BANK of TULSA, OK was closed by regulators on **1988-03-24**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **FOURTH NB OF TULSA** (TULSA, OK). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1654
- **FDIC Certificate:** 17293
- **FDIC FIN:** 2800
- **Bank name:** CENTURY BANK
- **Location:** TULSA, OK
- **Failure date:** 1988-03-24
- **FDIC resolution date:** 1988-03-24
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $17M
- **Deposits at failure:** $70M
- **Assets at failure:** $71M
- **Acquiring bank:** FOURTH NB OF TULSA (TULSA, OK)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=CENTURY%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CENTURY BANK (FDIC ID 1654), failed 1988-03-24. Retrieved via AI Analytics 2026-07-18 from https://api.ai-analytics.org/failed-bank/1654.

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