NORTH SIDE STATE BANK Failed 1989

TULSA, OK · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

NORTH SIDE STATE BANK of TULSA, OK was closed on 1989-12-14. The FDIC was named receiver.

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

Deposits were transferred to BANK OF TULSA (TULSA, OK). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2588
FDIC Certificate
17861
FDIC FIN
4136
Bank name
NORTH SIDE STATE BANK
Location
TULSA, OK
Failure date
1989-12-14
FDIC resolution date
1989-12-14
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$5M
Deposits at failure
$21M
Assets at failure
$20M
Acquiring bank
BANK OF TULSA (TULSA, OK)