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Bank failure · OK

Bank of Earlsboro (Earlsboro, OK) — failed August 11, 1961

Bank of Earlsboro of Earlsboro, Oklahoma was closed on August 11, 1961 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $962K in assets and $902K in deposits.

Closing date
August 11, 1961
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1961

What happens when a bank fails