BROOKWOOD NATIONAL BANK Failed 1990

OKLAHOMA CITY, OK · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

BROOKWOOD NATIONAL BANK of OKLAHOMA CITY, OK was closed on 1990-06-28. The FDIC was named receiver.

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

Deposits were transferred to THE LIBERTY NATIONAL BANK A (OKLAHOMA CITY, OK). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2828
FDIC Certificate
23887
FDIC FIN
4241
Bank name
BROOKWOOD NATIONAL BANK
Location
OKLAHOMA CITY, OK
Failure date
1990-06-28
FDIC resolution date
1990-06-28
Charter type
National commercial bank (OCC-chartered)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$6M
Deposits at failure
$27M
Assets at failure
$27M
Acquiring bank
THE LIBERTY NATIONAL BANK A (OKLAHOMA CITY, OK)

Other banks THE LIBERTY NATIONAL BANK A acquired in FDIC resolutions