Bank failure · OK

Fairview State Bank of Fairview (Fairview, OK) — failed September 4, 1986

Fairview State Bank of Fairview of Fairview, Oklahoma was closed on September 4, 1986 and resolved through a purchase and assumption. Community Nb of Okarche (OK) took over its insured deposits. At failure it held $24.0M in assets and $23.7M in deposits. The FDIC's estimated loss on the failure is $6.5M (27.1% of assets).