	minn bank okla thrift actions taken beaver creek state bank in beaver creek minn failed and the bank s insured assets were transferred to citizens state bank of silver lake minn the federal deposit insurance corp said separately the federal home loan bank board said victor federal savings and loan association of muskogee okla was placed into receivership beaver creek s two offices will re open as branches of citizens on monday the transfer was arranged because there were no bids to buy beaver creek the fdic said citizens will pay a premium of dlrs to the fdic and purchase beaver creek s assets for mln dlrs it was the rd bank failure in the nation this year the fhlbb said victor federal savings was insolvent and its assets were transferred to a newly chartered federal mutual association with directors named by the fhlbb victor was a stock association with mln dlrs in assets the new association is to be known as victor savings and loan association and its assets continue to be insured by the federal savings and loan insurance corp the fhlbb said reuter 
