TellerScore

Bank failure · OK

Cimarron Federal Savings (Muskogee, OK) — failed April 19, 1991

Cimarron Federal Savings of Muskogee, 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 $782.0M in assets and $713.9M in deposits. The FDIC's estimated loss on the failure is $2 (0.0% of assets).

Closing date
April 19, 1991
FDIC certificate #
32596
Resolution
Purchase and assumption (failure)
Acquiring institution
Branch Sale
Insurance fund
RTC

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