Bank failure · OK
United Oklahoma Bank (Oklahoma City, OK) — failed March 17, 1987
United Oklahoma Bank of Oklahoma City, Oklahoma was closed on March 17, 1987 and resolved through a purchase and assumption. United Bank of Oklahoma (OK) took over its insured deposits. At failure it held $171.9M in assets and $122.0M in deposits. The FDIC's estimated loss on the failure is $39.6M (23.1% of assets).
- Closing date
- March 17, 1987
- FDIC certificate #
- 411
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- United Bank of Oklahoma
- Insurance fund
- FDIC
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