FIRST STATE BANK Failed 1977

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

What happened

FIRST STATE BANK of FOSS, OK was closed on 1977-03-10. The FDIC was named receiver.

Resolution: P&A

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
540
FDIC Certificate
415
FDIC FIN
0
Bank name
FIRST STATE BANK
Location
FOSS, OK
Failure date
1977-03-10
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
P&A
Deposits at failure
$2M
Assets at failure
$2M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions