Bank Branches › Closed and merged banks › Oklahoma › Cross Roads Federal Savings and Loan Association, FA
What happened to Cross Roads Federal Savings and Loan Association, FA?
Cross Roads Federal Savings and Loan Association, FA in Checotah, OK was closed in a federal resolution, and its business passed to The Peoples National Bank of Checotah of Checotah, OK on May 11, 1990. The Peoples National Bank of Checotah is open today.
The chain, step by step
From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.
- 1989Cross Roads Federal Savings and Loan Association, FA opens in Checotah, OK
- May 11, 1990RESOLVEDCross Roads Federal Savings and Loan Association, FA was closed in a federal resolution, and its business passed to The Peoples National Bank of Checotah of Checotah, OK.FDIC certificate 32694 ends; its business continues under certificate 4059.
- TodayOPEN
The Peoples National Bank of ChecotahMain office Checotah, OK · FDIC certificate 4059 · 3 offices in 1 state on June 30, 2026Every The Peoples National Bank of Checotah office → Website on file with the FDIC: www.peoplesok.com/
If you still have something from Cross Roads Federal Savings and Loan Association, FA
A lien that was never released
Cross Roads Federal Savings and Loan Association, FA was closed in a federal resolution on May 11, 1990. The FDIC's lien-release page covers failed banks and savings and loans placed in FDIC receivership; it does not say how releases work for resolutions this old.
Call FDIC Resolution Inquiries at 888-206-4662 (8am–4pm Central, weekdays) and ask whether the FDIC holds this institution's receivership. Ask The Peoples National Bank of Checotah as well: the chain above leads there. The FDIC's own instructions are at FDIC, Obtaining a Lien Release.
An old account, passbook or CD
When a healthy bank assumes a failed bank's deposits, insured depositors become its customers right away (here, The Peoples National Bank of Checotah). Start with The Peoples National Bank of Checotah, and ask them to search under the name Cross Roads Federal Savings and Loan Association, FA.
This failure is older than the current federal rule on unclaimed deposits (mid-1993), so different rules apply. Search FDIC unclaimed funds search, search the unclaimed-property program of the state of the owner's last known address on the bank's records, and ask FDIC Resolution Inquiries at 888-206-4662 what applies to this institution.
A safe deposit box
The FDIC says that when a healthy bank assumes a failed bank's deposits, the branches usually reopen the next business day with box access. Today, ask The Peoples National Bank of Checotah. A box abandoned for years may have been turned over to the state's unclaimed-property program.
Box contents are not covered by FDIC insurance.
Not sure this is your bank?
Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.
Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.
One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain.
This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.
Where the guidance comes from ▾
Banks folded into Cross Roads Federal Savings and Loan Association, FA
1 bank merged directly into this charter.
| Bank | Ended |
|---|---|
| Cross Roads Savings and Loan AssociationChecotah, OK | Jul 13, 1989 |
Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 32694 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.