BANK MERIDIAN, NATIONAL ASSOCIATION Failed 1991
What happened
BANK MERIDIAN, NATIONAL ASSOCIATION of HAMPTON, NH was closed on 1991-10-10. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FIRST NH BANK (CONCORD, NH). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3209
- FDIC Certificate
- 17879
- FDIC FIN
- 4406
- Bank name
- BANK MERIDIAN, NATIONAL ASSOCIATION
- Location
- HAMPTON, NH
- Failure date
- 1991-10-10
- FDIC resolution date
- 1991-10-10
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $8M
- Deposits at failure
- $105M
- Assets at failure
- $109M
- Acquiring bank
- FIRST NH BANK (CONCORD, NH)
Other banks FIRST NH BANK acquired in FDIC resolutions