Bank failure · OK
State Fs & LA (Tulsa, OK) — failed February 16, 1990
State Fs & LA of Tulsa, Oklahoma was closed on February 16, 1990 and resolved through a purchase and assumption. Branch Sale (NA) took over its insured deposits. At failure it held $526.3M in assets and $358.3M in deposits. The FDIC's estimated loss on the failure is $82.6M (15.7% of assets).
- Closing date
- February 16, 1990
- FDIC certificate #
- 28247
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Branch Sale
- Insurance fund
- RTC
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