Bank failure · OK
Victor S&la (Muskogee, OK) — failed March 13, 1987
Victor S&la of Muskogee, Oklahoma was closed on March 13, 1987 and resolved through a assisted merger. Cimarron Fs&la (OK) took over its insured deposits. At failure it held $601.3M in assets and $505.3M in deposits. The FDIC's estimated loss on the failure is $235.9M (39.2% of assets).
- Closing date
- March 13, 1987
- FDIC certificate #
- 29828
- Resolution
- Assisted merger (failure)
- Acquiring institution
- Cimarron Fs&la
- Insurance fund
- FSLIC
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