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Red River Federal Savings and Loan Association

Status:Inactive as of 04/26/1991
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Red River Federal Savings and Loan Association, F.A.
Headquarters:Red River Federal Savings and Loan Association
One Sw 11th
Lawton, OK 73501
Established:08/31/1988
FDIC Insurance:08/09/1989
FDIC Cert:#32605
Charter Class:
Total Assets:$422,245,000
Total Deposits:$378,312,000

History

1988-08-31Institution established: Original name:Red River Federal Savings and Loan Association
1988-08-31Acquired First Federal Savings and Loan Association of Elk City (28648) in ELK CITY, OK
1988-08-31Acquired Peoples Federal Savings and Loan Association of Ardmore (28734) in ARDMORE, OK
1988-08-31Acquired Heritage Savings and Loan Association of Elk City (31988) in ELK CITY, OK
1988-08-31Acquired Home Savings Bank, FA (29013) in LAWTON, OK
1991-04-26Institution established: Original name:Red River Federal Savings and Loan Association, F.A. (33392)
1991-04-26Failed, went into receivership, and then became part of Red River Federal Savings and Loan Association, F.A. (33392)
1991-04-26Placed into government conservatorship.
1992-03-27Acquired after government financial assistance and subsequently operated as part of Local Federal Bank, F.S.B. (28542)
1992-03-27Government conservatorship or bridge bank resolved.
1998-10-09Acquired Citizens Bank (22004) in LAWTON, OK
1998-11-30Acquired Local America Bank of Tulsa, A Federal Savings Bank (32602) in TULSA, OK
1999-03-31Changed name to Local Oklahoma Bank, F.S.B. (28542)
1999-05-11Changed organization type to COMMERCIAL BANK
1999-05-11Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
1999-05-11Changed name to Local Oklahoma Bank, National Association (28542)
1999-05-11Reorganized.
1999-10-15Acquired Guthrie Federal Savings Bank (30372) in GUTHRIE, OK
2002-11-05Acquired U.S. National Bank (34605) in MIDWEST CITY, OK
2003-06-27Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2003-06-27Changed name to Local Oklahoma Bank (28542)
2003-06-27Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL RESERVE BOARD
2004-06-19Merged into and subsequently operated as part of International Bank of Commerce (19629) in LAREDO, TX
2007-03-16Acquired Commercial State Bank (1217) in SINTON, TX