# FIRST FED. S & LA OF SEMINOLE

> **Failed bank** · SEMINOLE, OK · failed 1989-03-16 · SL · FDIC cost $6M

## What happened

FIRST FED. S & LA OF SEMINOLE of SEMINOLE, OK was closed by state regulators on **1989-03-16**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **FIRST NB&TC OF HOLDENVILLE** (HOLDENVILLE, OK). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2236
- **FDIC Certificate:** 29128
- **FDIC FIN:** 7186
- **Bank name:** FIRST FED. S & LA OF SEMINOLE
- **Location:** SEMINOLE, OK
- **Failure date:** 1989-03-16
- **FDIC resolution date:** 1990-09-21
- **Charter type:** SL
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $6M
- **Deposits at failure:** $35M
- **Assets at failure:** $33M
- **Acquiring bank:** FIRST NB&TC OF HOLDENVILLE (HOLDENVILLE, OK)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20FED.%20S%20%26%20LA%20OF%20SEMINOLE

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST FED. S & LA OF SEMINOLE (FDIC ID 2236), failed 1989-03-16. Retrieved via AI Analytics 2026-05-23 from https://api.ai-analytics.org/failed-bank/2236.

---

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