# SECURITY NATIONAL BANK

> **Failed bank** · ANCHORAGE, AK · failed 1986-10-23 · National commercial bank (OCC-chartered) · FDIC cost $22M

## What happened

SECURITY NATIONAL BANK of ANCHORAGE, AK was closed by the OCC on **1986-10-23**. The FDIC was named receiver.

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

Deposits were transferred to **RAINIER BANK ALASKA NA** (ANCHORAGE, AK). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1293
- **FDIC Certificate:** 22145
- **FDIC FIN:** 2608
- **Bank name:** SECURITY NATIONAL BANK
- **Location:** ANCHORAGE, AK
- **Failure date:** 1986-10-23
- **FDIC resolution date:** 1986-10-23
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $22M
- **Deposits at failure:** $42M
- **Assets at failure:** $42M
- **Acquiring bank:** RAINIER BANK ALASKA NA (ANCHORAGE, AK)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SECURITY NATIONAL BANK (FDIC ID 1293), failed 1986-10-23. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/failed-bank/1293.

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