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The First State Bank, Camargo, OK, Closed By Regulators

January 28, 2011 By Problem Bank List Staff Leave a Comment

January 28, 2011 – The First State Bank, Camargo, OK, was closed today by the Oklahoma State Banking Department which appointed the FDIC as receiver.   To protect depositors, the FDIC sold First State to Bank 7, Oklahoma, City, OK.   Bank 7 will assume all deposits and also agreed to purchase all of the assets of […]

Filed Under: Bank Failure, Banking News, Failed Banks, problem banks Tagged With: Bank 7 acquires failed bank, problem bank, The First Bank of OK

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