# UNITY BANK

> **Failed bank** · DAYTON, OH · failed 1988-04-22 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $2M

## What happened

UNITY BANK of DAYTON, OH was closed by regulators on **1988-04-22**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **FIRST NATIONAL BANK** (DAYTON, OH). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1734
- **FDIC Certificate:** 20229
- **FDIC FIN:** 2809
- **Bank name:** UNITY BANK
- **Location:** DAYTON, OH
- **Failure date:** 1988-04-22
- **FDIC resolution date:** 1988-04-22
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $2M
- **Deposits at failure:** $7M
- **Assets at failure:** $7M
- **Acquiring bank:** FIRST NATIONAL BANK (DAYTON, OH)

## Other banks FIRST NATIONAL BANK has acquired in FDIC resolutions

- THE FIRST STATE BANK OF REGENT (REGENT, ND) — failed 1990-02-22 — /failed-bank/2665
- ALLIANCE BANK, N.A. (OKLAHOMA CITY, OK) — failed 1988-11-16 — /failed-bank/1982
- BIWABIK STATE BANK (BIWABIK, MN) — failed 1988-08-26 — /failed-bank/1881
- MARSHALL COUNTY BANK (BRITTON, SD) — failed 1988-08-19 — /failed-bank/1871
- THE TALMAGE STATE BANK (TALMAGE, KS) — failed 1987-09-17 — /failed-bank/1513

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, UNITY BANK (FDIC ID 1734), failed 1988-04-22. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/failed-bank/1734.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*