# FIRST NATIONAL BANK AT OSWEGO

> **Failed bank** · OSWEGO, KS · failed 1989-05-18 · National commercial bank (OCC-chartered) · FDIC cost $2M

## What happened

FIRST NATIONAL BANK AT OSWEGO of OSWEGO, KS was closed by the OCC 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
- **Estimated FDIC DIF cost:** $2M
- **Deposits at failure:** $23M
- **Assets at failure:** $24M
- **Acquiring bank:** PARSONS COMMERCIAL BANK (PARSONS, KS)

## Other banks PARSONS COMMERCIAL BANK has acquired in FDIC resolutions

- PEOPLES S & L ASSOC. (PARSONS, KS) — failed 1989-03-02 — /failed-bank/2137

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST NATIONAL BANK AT OSWEGO (FDIC ID 2373), failed 1989-05-18. Retrieved via AI Analytics 2026-07-19 from https://api.ai-analytics.org/failed-bank/2373.

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