THE BANK OF EDMOND, NATIONAL ASSOC Failed 1989

EDMOND, OK · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

THE BANK OF EDMOND, NATIONAL ASSOC of EDMOND, OK was closed on 1989-05-18. The FDIC was named receiver.

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

Deposits were transferred to FIRST INTERSTATE OF OKLAHOM (OKLAHOMA CITY, OK). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2374
FDIC Certificate
25218
FDIC FIN
4020
Bank name
THE BANK OF EDMOND, NATIONAL ASSOC
Location
EDMOND, OK
Failure date
1989-05-18
FDIC resolution date
1989-05-18
Charter type
National commercial bank (OCC-chartered)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$1M
Deposits at failure
$9M
Assets at failure
$8M
Acquiring bank
FIRST INTERSTATE OF OKLAHOM (OKLAHOMA CITY, OK)