FIRST CITY NATIONAL BANK AND TRUST Failed 1989

NEW YORK, NY · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

FIRST CITY NATIONAL BANK AND TRUST of NEW YORK, NY was closed on 1989-12-20. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2596
FDIC Certificate
26814
FDIC FIN
4138
Bank name
FIRST CITY NATIONAL BANK AND TRUST
Location
NEW YORK, NY
Failure date
1989-12-20
FDIC resolution date
1989-12-20
Charter type
National commercial bank (OCC-chartered)
Resolution type
PO
FDIC DIF cost (est.)
$11M
Deposits at failure
$38M
Assets at failure
$40M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions