AMERICAN NATIONAL BANK Failed 1990
What happened
AMERICAN NATIONAL BANK of ELK CITY, OK was closed on 1990-06-28. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FIRST COMMUNITY BANK (BINGER, OK). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2830
- FDIC Certificate
- 26180
- FDIC FIN
- 4239
- Bank name
- AMERICAN NATIONAL BANK
- Location
- ELK CITY, OK
- Failure date
- 1990-06-28
- FDIC resolution date
- 1990-06-28
- 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
- $15M
- Assets at failure
- $15M
- Acquiring bank
- FIRST COMMUNITY BANK (BINGER, OK)
Other banks FIRST COMMUNITY BANK acquired in FDIC resolutions