# MUTUAL FS&LA

> **Failed bank** · OKLAHOMA CITY, OK · failed 1988-08-31 · SL · FDIC cost $77M

## What happened

MUTUAL FS&LA of OKLAHOMA CITY, OK was closed by state regulators 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
- **Estimated FDIC DIF cost:** $77M
- **Deposits at failure:** $199M
- **Assets at failure:** $173M
- **Acquiring bank:** ARROWHEAD FS&LA (OKLAHOMA CITY, OK)

## Other banks ARROWHEAD FS&LA has acquired in FDIC resolutions

- CAPITOL FSB (OKLAHOMA CITY, OK) — failed 1988-08-31 — /failed-bank/1898

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=MUTUAL%20FS%26LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MUTUAL FS&LA (FDIC ID 1891), failed 1988-08-31. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/1891.

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