MOREHEAD NATIONAL BANK Failed 1988
What happened
MOREHEAD NATIONAL BANK of MOREHEAD, KY was closed on 1988-03-15. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to MOREHEAD NATIONAL BANK (MOREHEAD, KY). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1650
- FDIC Certificate
- 25783
- FDIC FIN
- 1949
- Bank name
- MOREHEAD NATIONAL BANK
- Location
- MOREHEAD, KY
- Failure date
- 1988-03-15
- FDIC resolution date
- 1988-03-15
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $1M
- Deposits at failure
- $8M
- Assets at failure
- $8M
- Acquiring bank
- MOREHEAD NATIONAL BANK (MOREHEAD, KY)