TellerScore

Bank failure · OK

Chisholm Fs & LA (Kingfisher, OK) — failed April 19, 1991

Chisholm Fs & LA of Kingfisher, Oklahoma was closed on April 19, 1991 and resolved through a purchase and assumption. Branch Sale (NA) took over its insured deposits. At failure it held $154.4M in assets and $147.1M in deposits. The FDIC's estimated loss on the failure is −$386K (-0.2% of assets).

Closing date
April 19, 1991
FDIC certificate #
32603
Resolution
Purchase and assumption (failure)
Acquiring institution
Branch Sale
Insurance fund
RTC

Other failures in 1991

What happens when a bank fails