# AMERICAN BANK OF MUSKOGEE

> **Failed bank** · MUSKOGEE, OK · failed 1988-09-01 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $11M

## What happened

AMERICAN BANK OF MUSKOGEE of MUSKOGEE, OK 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 **CITIZENS NB&T OF MUSKOGE** (MUSKOGEE, OK). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1907
- **FDIC Certificate:** 20184
- **FDIC FIN:** 2910
- **Bank name:** AMERICAN BANK OF MUSKOGEE
- **Location:** MUSKOGEE, OK
- **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:** $11M
- **Deposits at failure:** $30M
- **Assets at failure:** $29M
- **Acquiring bank:** CITIZENS NB&T OF MUSKOGE (MUSKOGEE, OK)

## Other banks CITIZENS NB&T OF MUSKOGE has acquired in FDIC resolutions

- FARMERS & MERCHANTS BANK (EUFAULA, OK) — failed 1987-07-23 — /failed-bank/1480

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, AMERICAN BANK OF MUSKOGEE (FDIC ID 1907), failed 1988-09-01. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/1907.

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