# FIRST NATIONAL BANK

> **Failed bank** · WILLOWS, CA · failed 1986-11-20 · National commercial bank (OCC-chartered) · FDIC cost $2M

## What happened

FIRST NATIONAL BANK of WILLOWS, CA was closed by the OCC on **1986-11-20**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST INTERSTATE CNTL BA** (WILLOWS, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1308
- **FDIC Certificate:** 3547
- **FDIC FIN:** 2619
- **Bank name:** FIRST NATIONAL BANK
- **Location:** WILLOWS, CA
- **Failure date:** 1986-11-20
- **FDIC resolution date:** 1986-11-20
- **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:** $59M
- **Assets at failure:** $63M
- **Acquiring bank:** FIRST INTERSTATE CNTL BA (WILLOWS, CA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST NATIONAL BANK (FDIC ID 1308), failed 1986-11-20. Retrieved via AI Analytics 2026-07-17 from https://api.ai-analytics.org/failed-bank/1308.

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