# THE FIRST NAT BANK & TRUST CO. OF CUSHING

> **Failed bank** · CUSHING, OK · failed 1988-03-10 · National commercial bank (OCC-chartered) · FDIC cost $20M

## What happened

THE FIRST NAT BANK & TRUST CO. OF CUSHING of CUSHING, OK was closed by the OCC on **1988-03-10**. The FDIC was named receiver.

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

Deposits were transferred to **AMERICAN NB OF BRISTOW** (BRISTOW, OK). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1636
- **FDIC Certificate:** 4074
- **FDIC FIN:** 5929
- **Bank name:** THE FIRST NAT BANK & TRUST CO. OF CUSHING
- **Location:** CUSHING, OK
- **Failure date:** 1988-03-10
- **FDIC resolution date:** 1988-03-10
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $20M
- **Deposits at failure:** $61M
- **Assets at failure:** $60M
- **Acquiring bank:** AMERICAN NB OF BRISTOW (BRISTOW, OK)

## Other banks AMERICAN NB OF BRISTOW has acquired in FDIC resolutions

- FIRST STATE BANK (OILTON, OK) — failed 1988-02-11 — /failed-bank/1623
- THE CITIZENS BANK (DRUMRIGHT, OK) — failed 1987-09-24 — /failed-bank/1520

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20FIRST%20NAT%20BANK%20%26%20TRUST%20CO.%20OF%20CUSHING

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE FIRST NAT BANK & TRUST CO. OF CUSHING (FDIC ID 1636), failed 1988-03-10. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/1636.

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