PEOPLES FS & LA Failed 1990
What happened
PEOPLES FS & LA of BARTLESVILLE, OK was closed on 1990-03-09. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to WESTSTAR BANK NA (BARTLESVILLE, OK). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2693
- FDIC Certificate
- 30267
- FDIC FIN
- 7260
- Bank name
- PEOPLES FS & LA
- Location
- BARTLESVILLE, OK
- Failure date
- 1990-03-09
- FDIC resolution date
- 1990-12-14
- Charter type
- SL
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $11M
- Deposits at failure
- $91M
- Assets at failure
- $106M
- Acquiring bank
- WESTSTAR BANK NA (BARTLESVILLE, OK)