# NATIONAL BANK OF ARIZONA

> **Failed bank** · SCOTTSDALE, AZ · failed 1989-09-28 · National commercial bank (OCC-chartered) · FDIC cost $4M

## What happened

NATIONAL BANK OF ARIZONA of SCOTTSDALE, AZ was closed by the OCC on **1989-09-28**. The FDIC was named receiver.

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

Deposits were transferred to **SECURITY PACIFIC BANK, NATI** (SCOTTSDALE, AZ). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2515
- **FDIC Certificate:** 24889
- **FDIC FIN:** 5995
- **Bank name:** NATIONAL BANK OF ARIZONA
- **Location:** SCOTTSDALE, AZ
- **Failure date:** 1989-09-28
- **FDIC resolution date:** 1989-09-28
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $16M
- **Assets at failure:** $16M
- **Acquiring bank:** SECURITY PACIFIC BANK, NATI (SCOTTSDALE, AZ)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, NATIONAL BANK OF ARIZONA (FDIC ID 2515), failed 1989-09-28. Retrieved via AI Analytics 2026-07-09 from https://api.ai-analytics.org/failed-bank/2515.

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