# FIRST NATIONAL BANK

> **Failed bank** · PURCELL, OK · failed 1990-07-26 · National commercial bank (OCC-chartered) · FDIC cost $1M

## What happened

FIRST NATIONAL BANK of PURCELL, OK was closed by the OCC on **1990-07-26**. The FDIC was named receiver.

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

Deposits were transferred to **MCCLAIN COUNTY NATIONAL BAN** (PURCELL, OK). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2856
- **FDIC Certificate:** 25605
- **FDIC FIN:** 4252
- **Bank name:** FIRST NATIONAL BANK
- **Location:** PURCELL, OK
- **Failure date:** 1990-07-26
- **FDIC resolution date:** 1990-07-26
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $11M
- **Assets at failure:** $11M
- **Acquiring bank:** MCCLAIN COUNTY NATIONAL BAN (PURCELL, OK)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST NATIONAL BANK (FDIC ID 2856), failed 1990-07-26. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/2856.

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