NORTH BANK, NATIONAL ASSOCIATION Failed 1989
What happened
NORTH BANK, NATIONAL ASSOCIATION of OKLAHOMA CITY, OK was closed on 1989-10-12. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to THE LIBERTY NATIONAL BANK A (OKLAHOMA CITY, OK). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2525
- FDIC Certificate
- 25751
- FDIC FIN
- 4102
- Bank name
- NORTH BANK, NATIONAL ASSOCIATION
- Location
- OKLAHOMA CITY, OK
- Failure date
- 1989-10-12
- FDIC resolution date
- 1989-10-12
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $1M
- Deposits at failure
- $13M
- Assets at failure
- $12M
- Acquiring bank
- THE LIBERTY NATIONAL BANK A (OKLAHOMA CITY, OK)
Other banks THE LIBERTY NATIONAL BANK A acquired in FDIC resolutions