# THE FIRST NATIONAL BANK OF ONAGA

> **Failed bank** · ONAGA, KS · failed 1985-07-23 · National commercial bank (OCC-chartered) · FDIC cost $2M

## What happened

THE FIRST NATIONAL BANK OF ONAGA of ONAGA, KS was closed by the OCC on **1985-07-23**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **FIRST NATIONAL BANK OF O** (ONAGA, KS). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1035
- **FDIC Certificate:** 4745
- **FDIC FIN:** 2481
- **Bank name:** THE FIRST NATIONAL BANK OF ONAGA
- **Location:** ONAGA, KS
- **Failure date:** 1985-07-23
- **FDIC resolution date:** 1985-07-23
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $2M
- **Deposits at failure:** $22M
- **Assets at failure:** $22M
- **Acquiring bank:** FIRST NATIONAL BANK OF O (ONAGA, KS)

## Other banks FIRST NATIONAL BANK OF O has acquired in FDIC resolutions

- THE FIRST NATIONAL BANK OF OLNEY (OLNEY, TX) — failed 1987-03-12 — /failed-bank/1382
- DAVID CITY BANK (DAVID CITY, NE) — failed 1984-09-06 — /failed-bank/913

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20FIRST%20NATIONAL%20BANK%20OF%20ONAGA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE FIRST NATIONAL BANK OF ONAGA (FDIC ID 1035), failed 1985-07-23. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/1035.

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