FIRST NATIONAL BANK AT DOUGLAS Failed 1986
What happened
FIRST NATIONAL BANK AT DOUGLAS of DOUGLAS, WY was closed on 1986-02-21. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FIRST WYOMING BANK-DOUGL (DOUGLAS, WY). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1150
- FDIC Certificate
- 19405
- FDIC FIN
- 2538
- Bank name
- FIRST NATIONAL BANK AT DOUGLAS
- Location
- DOUGLAS, WY
- Failure date
- 1986-02-21
- FDIC resolution date
- 1986-02-21
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $4M
- Deposits at failure
- $14M
- Assets at failure
- $14M
- Acquiring bank
- FIRST WYOMING BANK-DOUGL (DOUGLAS, WY)