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Bank failure · OK

Brookwood National Bank (Oklahoma City, OK) — failed June 28, 1990

Brookwood National Bank of Oklahoma City, Oklahoma was closed on June 28, 1990 and resolved through a purchase and assumption. The Liberty National Bank a (OK) took over its insured deposits. At failure it held $26.9M in assets and $26.8M in deposits. The FDIC's estimated loss on the failure is $5.6M (20.9% of assets).

Closing date
June 28, 1990
FDIC certificate #
23887
Resolution
Purchase and assumption (failure)
Acquiring institution
The Liberty National Bank a
Insurance fund
BIF

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