# MAINE NATIONAL BANK

> **Failed bank** · PORTLAND, ME · failed 1991-01-06 · National commercial bank (OCC-chartered)

## What happened

MAINE NATIONAL BANK of PORTLAND, ME was closed by the OCC on **1991-01-06**. The FDIC was named receiver.

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

Deposits were transferred to **NEW MAINE NATIONAL BANK** (PORTLAND, ME). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2988
- **FDIC Certificate:** 4275
- **FDIC FIN:** 4311
- **Bank name:** MAINE NATIONAL BANK
- **Location:** PORTLAND, ME
- **Failure date:** 1991-01-06
- **FDIC resolution date:** 1991-07-14
- **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:** $945M
- **Assets at failure:** $1,046M
- **Acquiring bank:** NEW MAINE NATIONAL BANK (PORTLAND, ME)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MAINE NATIONAL BANK (FDIC ID 2988), failed 1991-01-06. Retrieved via AI Analytics 2026-07-07 from https://api.ai-analytics.org/failed-bank/2988.

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