FIRST CONTINENTAL BANK & TRUST COMPANY OF Failed 1984
What happened
FIRST CONTINENTAL BANK & TRUST COMPANY OF of DEL CITY, OK was closed on 1984-05-11. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to UNITED OK BANK OF DEL CI (DEL CITY, OK). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 876
- FDIC Certificate
- 18112
- FDIC FIN
- 6479
- Bank name
- FIRST CONTINENTAL BANK & TRUST COMPANY OF
- Location
- DEL CITY, OK
- Failure date
- 1984-05-11
- FDIC resolution date
- 1984-05-11
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $21M
- Deposits at failure
- $104M
- Assets at failure
- $107M
- Acquiring bank
- UNITED OK BANK OF DEL CI (DEL CITY, OK)