# THE FIRST NATIONAL BANK OF COLBERT

> **Failed bank** · COLBERT, OK · failed 1990-02-08 · National commercial bank (OCC-chartered) · FDIC cost $4M

## What happened

THE FIRST NATIONAL BANK OF COLBERT of COLBERT, OK was closed by the OCC on **1990-02-08**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **THE DURANT BANK & TRUST COM** (DURANT, OK). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2646
- **FDIC Certificate:** 4237
- **FDIC FIN:** 4150
- **Bank name:** THE FIRST NATIONAL BANK OF COLBERT
- **Location:** COLBERT, OK
- **Failure date:** 1990-02-08
- **FDIC resolution date:** 1990-02-08
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $17M
- **Assets at failure:** $18M
- **Acquiring bank:** THE DURANT BANK & TRUST COM (DURANT, OK)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE FIRST NATIONAL BANK OF COLBERT (FDIC ID 2646), failed 1990-02-08. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/2646.

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