HERITAGE S&LA Failed 1988
What happened
HERITAGE S&LA of ELK CITY, OK was closed on 1988-08-31. The FDIC was named receiver.
Resolution: MGR
Deposits were transferred to RED RIVER (LAWTON, OK). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1901
- FDIC Certificate
- 31988
- FDIC FIN
- 1801
- Bank name
- HERITAGE S&LA
- Location
- ELK CITY, OK
- Failure date
- 1988-08-31
- FDIC resolution date
- 1988-08-31
- Charter type
- SL
- Resolution type
- MGR
- FDIC DIF cost (est.)
- $83M
- Deposits at failure
- $90M
- Assets at failure
- $81M
- Acquiring bank
- RED RIVER (LAWTON, OK)