FIRST NATIONAL BANK AT OSWEGO Failed 1989
What happened
FIRST NATIONAL BANK AT OSWEGO of OSWEGO, KS was closed on 1989-05-18. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to PARSONS COMMERCIAL BANK (PARSONS, KS). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2373
- FDIC Certificate
- 4749
- FDIC FIN
- 4019
- Bank name
- FIRST NATIONAL BANK AT OSWEGO
- Location
- OSWEGO, KS
- Failure date
- 1989-05-18
- FDIC resolution date
- 1989-05-18
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $2M
- Deposits at failure
- $23M
- Assets at failure
- $24M
- Acquiring bank
- PARSONS COMMERCIAL BANK (PARSONS, KS)
Other banks PARSONS COMMERCIAL BANK acquired in FDIC resolutions