# THE HOME NATIONAL BANK OF MILFORD

> **Failed bank** · MILFORD, MA · failed 1990-06-01 · National commercial bank (OCC-chartered) · FDIC cost $95M

## What happened

THE HOME NATIONAL BANK OF MILFORD of MILFORD, MA was closed by the OCC on **1990-06-01**. The FDIC was named receiver.

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

Deposits were transferred to **BAYBANK MIDDLESEX** (BURLINGTON, MA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2786
- **FDIC Certificate:** 2614
- **FDIC FIN:** 4211
- **Bank name:** THE HOME NATIONAL BANK OF MILFORD
- **Location:** MILFORD, MA
- **Failure date:** 1990-06-01
- **FDIC resolution date:** 1990-06-01
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $95M
- **Deposits at failure:** $436M
- **Assets at failure:** $462M
- **Acquiring bank:** BAYBANK MIDDLESEX (BURLINGTON, MA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE HOME NATIONAL BANK OF MILFORD (FDIC ID 2786), failed 1990-06-01. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/2786.

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