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Bank Failure

BANK OF MEEKER

Closed March 15, 1990 · MEEKER , OK · FDIC Cert #9880 .

Closing date
March 15, 1990
Headquarters
MEEKER , OK
FDIC Certificate
9880
Total assets at closing
$15.5M
Total deposits at closing
$15.5M
Estimated loss to DIF
$3.8M
Resolution type
other
Acquirer
FIRST STATE BANK (FDIC Cert #4164)

Context

On March 15, 1990, regulators closed BANK OF MEEKER , headquartered in MEEKER , OK . At closing, the institution held approximately $15.5M in assets and $15.5M in deposits . The FDIC arranged a resolution under which FIRST STATE BANK acquired the failed bank's operations. The estimated cost to the FDIC Deposit Insurance Fund was approximately $3.8M.

Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.

Other failures in 1990

Date Bank HQ Assets
1990-12-28 CAPITOL BANK AND TRUST COMPANY BOSTON , MA $485.6M
1990-12-28 SOUTHERN FS NEW ORLEANS , LA $230.8M
1990-12-28 FIRST FS & LA OF ANDALUSIA ANDALUSIA , AL $38.7M
1990-12-27 ENTERPRISE SAVINGS BANK, FA CHICAGO , IL $432.6M
1990-12-21 ARKANSAS FSB LITTLE ROCK , AR $71.7M
1990-12-15 MID-AMERICA FS & LA COLUMBUS , OH $1.21B
1990-12-14 COMMUNITY FS & LA ST. LOUIS , MO $1.98B
1990-12-14 COMFED SAVINGS BANK LOWELL , MA $1.40B