Bank failure · OK
Bank of Meeker (Meeker, OK) — failed March 15, 1990
Bank of Meeker of Meeker, Oklahoma was closed on March 15, 1990 and resolved through a purchase and assumption. First State Bank (OK) took over its insured deposits. At failure it held $15.5M in assets and $15.5M in deposits. The FDIC's estimated loss on the failure is $3.8M (24.2% of assets).
- Closing date
- March 15, 1990
- FDIC certificate #
- 9880
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- First State Bank
- Insurance fund
- BIF
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