The Graveyard › Banks › 2014

The Bank of Union

El Reno, OK · failed January 24, 2014 · FDIC certificate 17967

The Bank of Union of El Reno, OK failed on January 24, 2014. It opened in 1900, 114 years before. At its last report before that it held $317.2 million in assets and $315.8 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 2012, it held $414.0 million. The FDIC estimates that the Deposit Insurance Fund lost $93.3 million on it.

1984-032013-12

Assets at the end$317.2 millionlast report before January 24, 2014

Deposits at the end$315.8 million

Estimated loss to the fund$93.3 millionDIF

Largest in the quarterly reports$414.0 millionJune 30, 2012

Equity to assets0.4%December 31, 2013

Loans not being repaid55.1%noncurrent, December 31, 2013

Return on assets-8.81%a year's rate, December 31, 2013

Staff63full time, December 31, 2013

On the FDIC's list: THE BANK OF UNION.

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Also ended in 2014

The National Republic Bank of Chicago · Chicago, IL · $843.1 million in assets
Valley Bank · Moline, IL · $456.4 million in assets
Eastside Commercial Bank · Conyers, GA · $173.9 million in assets
Nbrs Financial Bank · Rising Sun, MD · $155.4 million in assets
Syringa Bank · Boise, ID · $153.4 million in assets
Slavie Federal Savings Bank · Bel Air, MD · $140.1 million in assets

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.