Bank failure · OK
North Bank, National Association (Oklahoma City, OK) — failed October 12, 1989
North Bank, National Association of Oklahoma City, Oklahoma was closed on October 12, 1989 and resolved through a purchase and assumption. The Liberty National Bank a (OK) took over its insured deposits. At failure it held $12.4M in assets and $12.9M in deposits. The FDIC's estimated loss on the failure is $1.1M (8.7% of assets).
- Closing date
- October 12, 1989
- FDIC certificate #
- 25751
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- The Liberty National Bank a
- Insurance fund
- BIF
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