# TOWN & COUNTRY BANK

> **Failed bank** · BIXBY, OK · failed 1988-09-15 · State commercial bank, Federal Reserve member · FDIC cost $19M

## What happened

TOWN & COUNTRY BANK of BIXBY, OK was closed by state regulators on **1988-09-15**. The FDIC was named receiver.

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

Deposits were transferred to **BROOKSIDE STATE BANK** (TULSA, OK). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1921
- **FDIC Certificate:** 22466
- **FDIC FIN:** 2919
- **Bank name:** TOWN & COUNTRY BANK
- **Location:** BIXBY, OK
- **Failure date:** 1988-09-15
- **FDIC resolution date:** 1988-09-15
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $19M
- **Deposits at failure:** $38M
- **Assets at failure:** $31M
- **Acquiring bank:** BROOKSIDE STATE BANK (TULSA, OK)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=TOWN%20%26%20COUNTRY%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, TOWN & COUNTRY BANK (FDIC ID 1921), failed 1988-09-15. Retrieved via AI Analytics 2026-07-04 from https://api.ai-analytics.org/failed-bank/1921.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*