# FIRST OKLAHOMA SAVINGS BANK

> **Failed bank** · TULSA, OK · failed 1988-08-31 · Savings bank · FDIC cost $25M

## What happened

FIRST OKLAHOMA SAVINGS BANK of TULSA, OK was closed by state regulators on **1988-08-31**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **COMMUNITY FS&LA** (TULSA, OK). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1902
- **FDIC Certificate:** 32077
- **FDIC FIN:** 1814
- **Bank name:** FIRST OKLAHOMA SAVINGS BANK
- **Location:** TULSA, OK
- **Failure date:** 1988-08-31
- **FDIC resolution date:** 1988-08-31
- **Charter type:** Savings bank
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $25M
- **Deposits at failure:** $44M
- **Assets at failure:** $37M
- **Acquiring bank:** COMMUNITY FS&LA (TULSA, OK)

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

- MIDAMERICA FS&LA (TULSA, OK) — failed 1988-08-31 — /failed-bank/1894
- CARONDELET S&LA ALSO CASE 115 (ST. LOUIS, MO) — failed 1983-02-28 — /failed-bank/756
- FIRST FS&LA OF MOBERLY (MOBERLY, MO) — failed 1983-02-28 — /failed-bank/755

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST OKLAHOMA SAVINGS BANK (FDIC ID 1902), failed 1988-08-31. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/1902.

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