Bank failure · OK

Peoples Fs & LA (Bartlesville, OK) — failed March 9, 1990

Peoples Fs & LA of Bartlesville, Oklahoma was closed on March 9, 1990 and resolved through a insured deposit transfer. Weststar Bank NA (OK) took over its insured deposits. At failure it held $105.5M in assets and $91.0M in deposits. The FDIC's estimated loss on the failure is $10.8M (10.3% of assets).