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Bank failure · OK

Bank of Commerce (Tonkawa, OK) — failed September 25, 1968

Bank of Commerce of Tonkawa, Oklahoma was closed on September 25, 1968 and resolved through a p&a. 0 (0) took over its insured deposits. At failure it held $5.6M in assets and $5.2M in deposits.

Closing date
September 25, 1968
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1968

What happens when a bank fails