Bank failure · OK

Territory S&la (Seminole, OK) — failed January 29, 1988

Territory S&la of Seminole, Oklahoma was closed on January 29, 1988 and resolved through a insured deposit transfer. 0 (0) took over its insured deposits. At failure it held $31.2M in assets and $67.9M in deposits. The FDIC's estimated loss on the failure is $49.9M (159.7% of assets).