# OAKLAND SAVINGS BANK

> **Failed bank** · OAKLAND, IA · failed 1984-09-07 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $7M

## What happened

OAKLAND SAVINGS BANK of OAKLAND, IA was closed by regulators on **1984-09-07**. The FDIC was named receiver.

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

Deposits were transferred to **OAKLAND STATE BANK** (OAKLAND, IA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 914
- **FDIC Certificate:** 233
- **FDIC FIN:** 2414
- **Bank name:** OAKLAND SAVINGS BANK
- **Location:** OAKLAND, IA
- **Failure date:** 1984-09-07
- **FDIC resolution date:** 1984-09-07
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $7M
- **Deposits at failure:** $20M
- **Assets at failure:** $22M
- **Acquiring bank:** OAKLAND STATE BANK (OAKLAND, IA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=OAKLAND%20SAVINGS%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, OAKLAND SAVINGS BANK (FDIC ID 914), failed 1984-09-07. Retrieved via AI Analytics 2026-06-30 from https://api.ai-analytics.org/failed-bank/914.

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