Bank failure · OK

Citizens Bank of Tulsa (Tulsa, OK) — failed April 28, 1988

Citizens Bank of Tulsa of Tulsa, Oklahoma was closed on April 28, 1988 and resolved through a a/a. Citizens Bank of Tulsa (OK) took over its insured deposits. At failure it held $6.7M in assets and $8.4M in deposits. The FDIC's estimated loss on the failure is $1.9M (29.0% of assets).