# THE FIRST NATIONAL BANK OF MARLBOROUGH

> **Failed bank** · MARLBOROUGH, MA · failed 1987-01-23 · National commercial bank (OCC-chartered) · FDIC cost $19M

## What happened

THE FIRST NATIONAL BANK OF MARLBOROUGH of MARLBOROUGH, MA was closed by the OCC on **1987-01-23**. The FDIC was named receiver.

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

Deposits were transferred to **WORCESTER CNTY INST FOR** (WORCESTER, MA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1345
- **FDIC Certificate:** 2609
- **FDIC FIN:** 5795
- **Bank name:** THE FIRST NATIONAL BANK OF MARLBOROUGH
- **Location:** MARLBOROUGH, MA
- **Failure date:** 1987-01-23
- **FDIC resolution date:** 1987-01-23
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $19M
- **Deposits at failure:** $56M
- **Assets at failure:** $61M
- **Acquiring bank:** WORCESTER CNTY INST FOR (WORCESTER, MA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE FIRST NATIONAL BANK OF MARLBOROUGH (FDIC ID 1345), failed 1987-01-23. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/1345.

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