HARVARD BANK Failed 1989
What happened
HARVARD BANK of TULSA, OK was closed on 1989-03-30. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to SOUTHERN NATIONAL BANK (TULSA, OK). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2297
- FDIC Certificate
- 22576
- FDIC FIN
- 4001
- Bank name
- HARVARD BANK
- Location
- TULSA, OK
- Failure date
- 1989-03-30
- FDIC resolution date
- 1989-03-30
- Charter type
- State commercial bank, Federal Reserve member
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $4M
- Deposits at failure
- $23M
- Assets at failure
- $23M
- Acquiring bank
- SOUTHERN NATIONAL BANK (TULSA, OK)