Bank failure · OK

Mutual Fs&la (Oklahoma City, OK) — failed August 31, 1988

Mutual Fs&la of Oklahoma City, Oklahoma was closed on August 31, 1988 and resolved through a a/a. Arrowhead Fs&la (OK) took over its insured deposits. At failure it held $173.0M in assets and $199.0M in deposits. The FDIC's estimated loss on the failure is $77.1M (44.6% of assets).