FIRST NATIONAL BANK OF DEL CITY Failed 1988
What happened
FIRST NATIONAL BANK OF DEL CITY of DEL CITY, OK was closed on 1988-03-25. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to LINCOLN NATIONAL BANK (OKLAHOMA CITY, OK). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1656
- FDIC Certificate
- 24978
- FDIC FIN
- 5934
- Bank name
- FIRST NATIONAL BANK OF DEL CITY
- Location
- DEL CITY, OK
- Failure date
- 1988-03-25
- FDIC resolution date
- 1988-03-25
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $9M
- Deposits at failure
- $28M
- Assets at failure
- $31M
- Acquiring bank
- LINCOLN NATIONAL BANK (OKLAHOMA CITY, OK)
Other banks LINCOLN NATIONAL BANK acquired in FDIC resolutions