# FIRST NATIONAL BANK OF CROSBY

> **Failed bank** · CROSBY, ND · failed 1990-09-13 · National commercial bank (OCC-chartered) · FDIC cost $0M

## What happened

FIRST NATIONAL BANK OF CROSBY of CROSBY, ND was closed by the OCC on **1990-09-13**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST NATIONAL BANK & TRUST** (WILLISTON, ND). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2897
- **FDIC Certificate:** 22505
- **FDIC FIN:** 4273
- **Bank name:** FIRST NATIONAL BANK OF CROSBY
- **Location:** CROSBY, ND
- **Failure date:** 1990-09-13
- **FDIC resolution date:** 1990-09-13
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $12M
- **Assets at failure:** $12M
- **Acquiring bank:** FIRST NATIONAL BANK & TRUST (WILLISTON, ND)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST NATIONAL BANK OF CROSBY (FDIC ID 2897), failed 1990-09-13. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/2897.

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