Bank failure · OK
Bank of Wilson (Wilson, OK) — failed July 26, 1990
Bank of Wilson of Wilson, Oklahoma was closed on July 26, 1990 and resolved through a purchase and assumption. American National Bank (OK) took over its insured deposits. At failure it held $13.0M in assets and $13.0M in deposits. The FDIC's estimated loss on the failure is $1.8M (13.5% of assets).
- Closing date
- July 26, 1990
- FDIC certificate #
- 15740
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- American National Bank
- Insurance fund
- BIF
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