# REPUBLIC NATIONAL BANK

> **Failed bank** · NORMAN, OK · failed 1988-06-30 · National commercial bank (OCC-chartered) · FDIC cost $8M

## What happened

REPUBLIC NATIONAL BANK of NORMAN, OK was closed by the OCC on **1988-06-30**. The FDIC was named receiver.

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

Deposits were transferred to **REPUBLIC BANK OF NORMAN** (NORMAN, OK). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1787
- **FDIC Certificate:** 25816
- **FDIC FIN:** 2837
- **Bank name:** REPUBLIC NATIONAL BANK
- **Location:** NORMAN, OK
- **Failure date:** 1988-06-30
- **FDIC resolution date:** 1988-06-30
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $8M
- **Deposits at failure:** $27M
- **Assets at failure:** $24M
- **Acquiring bank:** REPUBLIC BANK OF NORMAN (NORMAN, OK)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, REPUBLIC NATIONAL BANK (FDIC ID 1787), failed 1988-06-30. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/1787.

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