# NATIONAL BANK OF FREDERICK

> **Failed bank** · FREDERICK, OK · failed 1987-01-22 · National commercial bank (OCC-chartered) · FDIC cost $10M

## What happened

NATIONAL BANK OF FREDERICK of FREDERICK, OK was closed by the OCC on **1987-01-22**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **FIRST NATIONAL BANK&TRUS** (FREDERICK, OK). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1344
- **FDIC Certificate:** 14627
- **FDIC FIN:** 5794
- **Bank name:** NATIONAL BANK OF FREDERICK
- **Location:** FREDERICK, OK
- **Failure date:** 1987-01-22
- **FDIC resolution date:** 1987-01-22
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $10M
- **Deposits at failure:** $22M
- **Assets at failure:** $24M
- **Acquiring bank:** FIRST NATIONAL BANK&TRUS (FREDERICK, OK)

## Other banks FIRST NATIONAL BANK&TRUS has acquired in FDIC resolutions

- THE BENTON STATE BANK (BENTON, KS) — failed 1987-06-11 — /failed-bank/1448
- THE DAYTON BK & TR CO. (DAYTON, TN) — failed 1984-11-30 — /failed-bank/941

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, NATIONAL BANK OF FREDERICK (FDIC ID 1344), failed 1987-01-22. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/1344.

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