Bank failure · OK

Kingfisher Fs&la (Kingfisher, OK) — failed August 31, 1988

Kingfisher Fs&la of Kingfisher, Oklahoma was closed on August 31, 1988 and resolved through a assisted merger. Chisholm (OK) took over its insured deposits. At failure it held $124.4M in assets and $127.6M in deposits. The FDIC's estimated loss on the failure is $50.3M (40.4% of assets).