Bank failure · OK

First Federal of Shawnee (Shawnee, OK) — failed April 8, 1988

First Federal of Shawnee of Shawnee, Oklahoma was closed on April 8, 1988 and resolved through a insured deposit transfer. 0 (0) took over its insured deposits. At failure it held $130.7M in assets and $142.4M in deposits. The FDIC's estimated loss on the failure is $54.1M (41.4% of assets).