Bank Failure
The Capitol Hill State Bank
BankRegReports is independent of The Capitol Hill State Bank and never asks for online banking logins or passwords.
Closed July 29, 1960 · Oklahoma City, OK .
- Closing date
- July 29, 1960
- Headquarters
- Oklahoma City, OK
- Total assets at closing
- $7.5M
- Total deposits at closing
- $7.0M
- Estimated loss to the insurance fund
- Not published (the FDIC feed carries no estimate for this failure)
- Insurance fund
- FDIC insurance fund
- Resolution
- Failure (closed by regulators)
Context
On July 29, 1960, regulators closed The Capitol Hill State Bank, headquartered in Oklahoma City, OK. At closing, the institution held approximately $7.5M in assets and $7.0M in deposits. The FDIC record does not name an acquiring institution.
By assets at closing this is the 2883rd largest of the 3,526 bank failures in the FDIC record, and the 1st of 1 in 1960. It falls in the period the record labels Postwar Stability (1945-1979), a period with 161 failures peaking at 16 in 1976.
Three decades of regulated calm — Reg Q ceilings, geographic branching limits, and high industry profits kept failures rare.
Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.
Common questions
When did The Capitol Hill State Bank fail?
The Capitol Hill State Bank was closed by regulators on July 29, 1960.
How big was The Capitol Hill State Bank when it failed?
The Capitol Hill State Bank had approximately $7.5M in total assets and $7.0M in deposits at the time of failure.
Explore: all failures · OK bank events · 1960 events · events hub