First Bank & Trust Co., Duncan, OK, Acquires Insured Deposits of The First National Bank of Lindsay, Lindsay, OK

News Financial services General Updates

Date: 18th Oct, 2024 Source: Federal Deposit Insurance Corporation Country: USA Original Source

Brief

"On October 18, 2024, the Federal Deposit Insurance Corporation issued an update regarding First Bank & Trust Co., Duncan, OK, Acquiring Insured Deposits of The First National Bank of Lindsay, Lindsay, OK." The FDIC appointed First Bank & Trust Co. as receiver for The First National Bank of Lindsay after its closure on October 18, 2024. First Bank & Trust Co. assumed the insured deposits and purchased approximately $20 million of the failed bank's assets.

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First Bank & Trust Co., Duncan, OK, Acquires Insured Deposits of The First National Bank of Lindsay, Lindsay, OK

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First Bank & Trust Co., Duncan, OK, Acquires Insured Deposits of The First National Bank of Lindsay, Lindsay, OK

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Federal Deposit Insurance Corporation

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