# LAKELAND STATE BANK

> **Failed bank** · CAMDEN COUNTY, MO · failed 1988-09-01 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $1M

## What happened

LAKELAND STATE BANK of CAMDEN COUNTY, MO was closed by regulators on **1988-09-01**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **COMMUNITY BANK OF THE OZ** (SUNRISE BEACH, MO). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1906
- **FDIC Certificate:** 20087
- **FDIC FIN:** 2913
- **Bank name:** LAKELAND STATE BANK
- **Location:** CAMDEN COUNTY, MO
- **Failure date:** 1988-09-01
- **FDIC resolution date:** 1988-09-01
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $9M
- **Assets at failure:** $9M
- **Acquiring bank:** COMMUNITY BANK OF THE OZ (SUNRISE BEACH, MO)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, LAKELAND STATE BANK (FDIC ID 1906), failed 1988-09-01. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/1906.

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