# MOREHEAD NATIONAL BANK

> **Failed bank** · MOREHEAD, KY · failed 1988-03-15 · National commercial bank (OCC-chartered) · FDIC cost $1M

## What happened

MOREHEAD NATIONAL BANK of MOREHEAD, KY was closed by the OCC 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
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $8M
- **Assets at failure:** $8M
- **Acquiring bank:** MOREHEAD NATIONAL BANK (MOREHEAD, KY)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MOREHEAD NATIONAL BANK (FDIC ID 1650), failed 1988-03-15. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/failed-bank/1650.

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