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Bank failure · OK

Exchange National Bank of Del City (Del City, OK) — failed June 14, 1990

Exchange National Bank of Del City of Del City, Oklahoma was closed on June 14, 1990 and resolved through a purchase and assumption. First National Bank of Midw (OK) took over its insured deposits. At failure it held $43.2M in assets and $39.6M in deposits. The FDIC's estimated loss on the failure is $7.0M (16.2% of assets).

Closing date
June 14, 1990
FDIC certificate #
21187
Resolution
Purchase and assumption (failure)
Acquiring institution
First National Bank of Midw
Insurance fund
BIF

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