# AMERICAN HOME S & L

> **Failed bank** · EDMOND, OK · failed 1989-10-05 · SL · FDIC cost $14M

## What happened

AMERICAN HOME S & L of EDMOND, OK was closed by state regulators on **1989-10-05**. The FDIC was named receiver.

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

Deposits were transferred to **FOUNDERS B&TC** (OKLAHOMA CITY, OK). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2522
- **FDIC Certificate:** 32152
- **FDIC FIN:** 7167
- **Bank name:** AMERICAN HOME S & L
- **Location:** EDMOND, OK
- **Failure date:** 1989-10-05
- **FDIC resolution date:** 1990-09-12
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $14M
- **Deposits at failure:** $80M
- **Assets at failure:** $97M
- **Acquiring bank:** FOUNDERS B&TC (OKLAHOMA CITY, OK)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, AMERICAN HOME S & L (FDIC ID 2522), failed 1989-10-05. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/2522.

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