# MIAMI NATIONAL BANK

> **Failed bank** · MIAMI, OK · failed 1988-11-10 · National commercial bank (OCC-chartered) · FDIC cost $2M

## What happened

MIAMI NATIONAL BANK of MIAMI, OK was closed by the OCC on **1988-11-10**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 1978
- **FDIC Certificate:** 22342
- **FDIC FIN:** 2933
- **Bank name:** MIAMI NATIONAL BANK
- **Location:** MIAMI, OK
- **Failure date:** 1988-11-10
- **FDIC resolution date:** 1988-11-10
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $2M
- **Deposits at failure:** $10M
- **Assets at failure:** $9M
- **Acquiring bank:** BANK OF MIAMI (MIAMI, OK)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MIAMI NATIONAL BANK (FDIC ID 1978), failed 1988-11-10. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/1978.

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