Security State Bank

Status:Inactive as of 08/06/1987
 Absorption - Assisted
Successor Bank:Frazer Bank
Headquarters:Security State Bank
Main Street
Roosevelt, OK 73564
Established:02/21/1903
FDIC Insurance:01/01/1934
FDIC Cert:#433
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$15,197,000
Total Deposits:$16,694,000

History

1903-02-21Institution established: Original name:Security State Bank
1987-08-06Failed. Acquired with government financial assistance and subsequently operated as part of The First National Bank in Altus (4031)
1987-09-03Acquired The First National Bank of Tipton (4210) in TIPTON, OK
2015-12-14Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2015-12-14Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2015-12-14Changed name to Frazer Bank (4031)