MUTUAL FS&LA Failed 1988
What happened
MUTUAL FS&LA of OKLAHOMA CITY, OK was closed on 1988-08-31. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to ARROWHEAD FS&LA (OKLAHOMA CITY, OK). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1891
- FDIC Certificate
- 28245
- FDIC FIN
- 1816
- Bank name
- MUTUAL FS&LA
- Location
- OKLAHOMA CITY, OK
- Failure date
- 1988-08-31
- FDIC resolution date
- 1988-08-31
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $77M
- Deposits at failure
- $199M
- Assets at failure
- $173M
- Acquiring bank
- ARROWHEAD FS&LA (OKLAHOMA CITY, OK)
Other banks ARROWHEAD FS&LA acquired in FDIC resolutions