OAK FOREST NATIONAL BANK Failed 1988
What happened
OAK FOREST NATIONAL BANK of LONGVIEW, TX was closed on 1988-07-15. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to LONGVIEW BANK&TRUST CO (LONGVIEW, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1794
- FDIC Certificate
- 25762
- FDIC FIN
- 1958
- Bank name
- OAK FOREST NATIONAL BANK
- Location
- LONGVIEW, TX
- Failure date
- 1988-07-15
- FDIC resolution date
- 1988-07-15
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $1M
- Deposits at failure
- $8M
- Assets at failure
- $7M
- Acquiring bank
- LONGVIEW BANK&TRUST CO (LONGVIEW, TX)