Okla. Stat. tit. 18, § 18-381.20: Payment into escrow account - Required savings capital

A. Before a certificate of authority is issued for a new mutual

association, there shall be paid into the escrow fund as

subscriptions to deposit accounts of the proposed association such

aggregate amount as the State Banking Commissioner shall deem

adequate, but, if insured, not less than an amount necessary to meet

the requirements of the Federal Deposit Insurance Corporation. If

the organizers intend to organize and operate the association

without federal insurance on its deposit accounts, the amount paid

into the escrow fund as subscriptions to deposit accounts of the

proposed association shall be at the sole discretion of the

Commissioner.

B. No permanent capital stock association may be organized

hereafter unless, prior to the filing of its certificate of

incorporation, such amounts of its permanent capital stock as the

Commissioner shall deem adequate, but, if insured, not less than an

amount necessary to meet the requirements of the Federal Deposit

Insurance Corporation shall have been subscribed for and paid for in

lawful money of the United States. If the organizers intend to

organize and operate the association without federal insurance on

its deposit accounts, the amount of permanent capital stock required

shall be at the sole discretion of the Commissioner.