The Graveyard › Banks › 1982
Penn Square Bank, N.A.
Oklahoma City, OK · failed July 5, 1982 · FDIC certificate 18153
Penn Square Bank, N.A. of Oklahoma City, OK failed on July 5, 1982. It opened on February 12, 1960, 22 years before. At its last report before that it held $436.5 million in assets and $390.0 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $65.0 million on it.
Assets at the end$436.5 millionlast report before July 5, 1982
Deposits at the end$390.0 million
Estimated loss to the fund$65.0 millionFDIC
Also ended in 1982
- First Fs&La of Chicago · Galena · $3.5 billion in assets · assisted
- The New York Bank for Savings · New York · $3.5 billion in assets · assisted
- Talman Home, Fs&La · Chicago · $3.4 billion in assets
- Fidelity S&LA · San Francisco · $2.9 billion in assets · assisted
- The Western Saving Fund Society of Philade · Philadelphia · $2.1 billion in assets · assisted
- County Fs&La · Rockville Centre · $1.4 billion in assets · assisted
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.