# MERCHANTS NATIONAL BANK

> **Failed bank** · FORT MYERS, FL · failed 1992-02-07 · National commercial bank (OCC-chartered) · FDIC cost $5M

## What happened

MERCHANTS NATIONAL BANK of FORT MYERS, FL was closed by the OCC on **1992-02-07**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **FOUNDERS NATIONAL TRUST** (FORT MYERS, FL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3271
- **FDIC Certificate:** 27213
- **FDIC FIN:** 4449
- **Bank name:** MERCHANTS NATIONAL BANK
- **Location:** FORT MYERS, FL
- **Failure date:** 1992-02-07
- **FDIC resolution date:** 1992-02-07
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $5M
- **Deposits at failure:** $35M
- **Assets at failure:** $35M
- **Acquiring bank:** FOUNDERS NATIONAL TRUST (FORT MYERS, FL)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MERCHANTS NATIONAL BANK (FDIC ID 3271), failed 1992-02-07. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3271.

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