Bank failure · OK

Red River Fs & LA (Lawton, OK) — failed April 26, 1991

Red River Fs & LA of Lawton, Oklahoma was closed on April 26, 1991 and resolved through a purchase and assumption. Branch Sale (NA) took over its insured deposits. At failure it held $422.2M in assets and $378.3M in deposits. The FDIC's estimated loss on the failure is −$442K (-0.1% of assets).