Bank failure · OK
Allied Oklahoma Bank, National Assoc (Oklahoma City, OK) — failed April 13, 1989
Allied Oklahoma Bank, National Assoc of Oklahoma City, Oklahoma was closed on April 13, 1989 and resolved through a purchase and assumption. Central Bank of Oklahoma Ci (OK) took over its insured deposits. At failure it held $58.3M in assets and $61.0M in deposits. The FDIC's estimated loss on the failure is $11.2M (19.2% of assets).
- Closing date
- April 13, 1989
- FDIC certificate #
- 19752
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Central Bank of Oklahoma Ci
- Insurance fund
- FDIC
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