# THE DUNCAN S & L ASSOC.

> **Failed bank** · DUNCAN, OK · failed 1989-03-16 · SL · FDIC cost $18M

## What happened

THE DUNCAN S & L ASSOC. of DUNCAN, OK was closed by state regulators on **1989-03-16**. The FDIC was named receiver.

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

Deposits were transferred to **LOCAL FB, FSB** (OKLAHOMA CITY, OK). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2239
- **FDIC Certificate:** 30026
- **FDIC FIN:** 7138
- **Bank name:** THE DUNCAN S & L ASSOC.
- **Location:** DUNCAN, OK
- **Failure date:** 1989-03-16
- **FDIC resolution date:** 1990-08-17
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $18M
- **Deposits at failure:** $138M
- **Assets at failure:** $149M
- **Acquiring bank:** LOCAL FB, FSB (OKLAHOMA CITY, OK)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20DUNCAN%20S%20%26%20L%20ASSOC.

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE DUNCAN S & L ASSOC. (FDIC ID 2239), failed 1989-03-16. Retrieved via AI Analytics 2026-08-14 from https://api.ai-analytics.org/failed-bank/2239.

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