Record · Bank
SECURITY STATE BANK
SECURITY STATE BANK held $15.2 million in total assets at failure as of August 6, 1987, according to the FDIC.
SECURITY STATE BANK, of ROOSEVELT, OK, was an FDIC-insured institution that closed on August 6, 1987, as the FDIC records it.
The failure
- August 6, 1987
- Closed
- $15.2 million
- Assets at failure
- $15,197,000
- $16.7 million
- Deposits at failure
- $16,694,000
- $9.0 million
- Estimated cost to the insurance fund
- $8,951,927
- The FDIC's estimate as of July 31, 2026; it revises the estimate as it sells the bank's assets.
- FIRST NATIONAL BANK IN A
- Acquired by
- ALTUS, OK
The FDIC’s entry
- FDIC certificate number
- 433
- Resolution
- FAILURE
- Transaction type
- PA
- Charter class
- NM
- Insurance fund
- FDIC
- Insured since
- January 1, 1934
- Established
- February 21, 1903
- Recorded in
- The FDIC’s failures data
Sources
- FDIC failures — every bank failure and assistance transaction since 1934 — Federal Deposit Insurance Corporation · Public domain — U.S. Government work · retrieved September 27, 2026
Compiled automatically from FDIC failures — every bank failure and assistance transaction since 1934 by a checked SQL query · Editor: Kian O'Connor · How this site is built
Data retrieved