# FAMILY SAVINGS BANK, FSB

> **Failed bank** · SAPULPA, OK · failed 1989-10-05 · Savings bank · FDIC cost $4M

## What happened

FAMILY SAVINGS BANK, FSB of SAPULPA, OK was closed by state regulators 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
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $53M
- **Assets at failure:** $51M
- **Acquiring bank:** AMERICAN NB&T (SAPULPA, OK)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FAMILY%20SAVINGS%20BANK%2C%20FSB

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FAMILY SAVINGS BANK, FSB (FDIC ID 2521), failed 1989-10-05. Retrieved via AI Analytics 2026-07-19 from https://api.ai-analytics.org/failed-bank/2521.

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