Bank failure · OK
Central Bank & Trust of Tulsa (Tulsa, OK) — failed September 10, 1986
Central Bank & Trust of Tulsa of Tulsa, Oklahoma was closed on September 10, 1986 and resolved through a purchase and assumption. F&m Bank&trust Co (OK) took over its insured deposits. At failure it held $80.1M in assets and $71.6M in deposits. The FDIC's estimated loss on the failure is $13.4M (16.7% of assets).
- Closing date
- September 10, 1986
- FDIC certificate #
- 19167
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- F&m Bank&trust Co
- Insurance fund
- FDIC
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