The Duncan Savings and Loan Association

Status:Inactive as of 08/17/1990
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:Local Oklahoma Bank
Headquarters:The Duncan Savings and Loan Association
1006 Main Street
Duncan, OK 73533
Established:01/01/1921
FDIC Insurance:08/09/1989
FDIC Cert:#30026
Charter Class:
Total Assets:$120,893,000
Total Deposits:$120,958,000

History

1921-01-01Institution established: Original name:Duncan Savings and Loan Association
1988-04-30Changed name to The Duncan Savings and Loan Association
1989-03-16Placed into government conservatorship.
1990-08-17Acquired The Duncan Savings and Loan Association in DUNCAN, OK
1990-08-17Acquired Great Plains Savings Association, F.A. (32826) in WEATHERFORD, OK
1990-08-17Government conservatorship or bridge bank resolved.
1990-08-17Acquired after government financial assistance and subsequently operated as part of Local Federal Savings and Loan Association of Oklahoma City (28542)
1990-08-30Changed organization type to STOCK SAVINGS BANK
1990-08-30Changed name to Local Federal Bank, F.S.B. (28542)
1990-08-30Moved bank headquarters from DUNCAN, OK to OKLAHOMA CITY, OK
1991-07-19Acquired Clinton Savings and Loan Association (30010) in CLINTON, OK
1992-02-07Acquired First Federal Savings Association of Chickasha (33357) in CHICKASHA, OK
1992-03-27Acquired Red River Federal Savings and Loan Association, F.A. (33392) in LAWTON, OK
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)
1999-05-11Reorganized.
1999-05-11Changed name to Local Oklahoma Bank, National Association (28542)
1999-05-11Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
1999-05-11Changed organization type to COMMERCIAL BANK
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 primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL RESERVE BOARD
2003-06-27Changed name to Local Oklahoma Bank (28542)
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