Bank failure · OK
Harvard Bank (Tulsa, OK) — failed March 30, 1989
Harvard Bank of Tulsa, Oklahoma was closed on March 30, 1989 and resolved through a purchase and assumption. Southern National Bank (OK) took over its insured deposits. At failure it held $23.1M in assets and $22.8M in deposits. The FDIC's estimated loss on the failure is $4.0M (17.4% of assets).
- Closing date
- March 30, 1989
- FDIC certificate #
- 22576
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Southern National Bank
- Insurance fund
- FDIC
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