TellerScore

Bank failure · OK

Bank of Oklahoma, Okla. City, N.A. (Oklahoma City, OK) — failed November 24, 1986

Bank of Oklahoma, Okla. City, N.A. of Oklahoma City, Oklahoma was closed on November 24, 1986 and resolved through a a/a. Bank of Oklahoma NA (OK) took over its insured deposits. At failure it held $468.2M in assets and $349.9M in deposits. The FDIC's estimated loss on the failure is $78.8M (16.8% of assets).

Closing date
November 24, 1986
FDIC certificate #
4166
Resolution
A/A (assistance)
Acquiring institution
Bank of Oklahoma NA
Insurance fund
FDIC

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What happens when a bank fails