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Bank failure · OK

Universal Sa, Fa (Chickasha, OK) — failed February 13, 1987

Universal Sa, Fa of Chickasha, Oklahoma was closed on February 13, 1987 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $104.6M in assets and $88.0M in deposits. The FDIC's estimated loss on the failure is $40.4M (38.7% of assets).

Closing date
February 13, 1987
FDIC certificate #
31913
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FSLIC

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