FAMILY SAVINGS BANK, FSB Failed 1989
What happened
FAMILY SAVINGS BANK, FSB of SAPULPA, OK was closed on 1989-10-05. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to AMERICAN NB&T (SAPULPA, OK). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2521
- FDIC Certificate
- 28550
- FDIC FIN
- 7027
- Bank name
- FAMILY SAVINGS BANK, FSB
- Location
- SAPULPA, OK
- Failure date
- 1989-10-05
- FDIC resolution date
- 1990-05-25
- Charter type
- Savings bank
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $4M
- Deposits at failure
- $53M
- Assets at failure
- $51M
- Acquiring bank
- AMERICAN NB&T (SAPULPA, OK)