# FIRST NATIONAL BANK OF VERMONT

> **Failed bank** · BRADFORD, VT · failed 1993-01-29 · National commercial bank (OCC-chartered) · FDIC cost $26M

## What happened

FIRST NATIONAL BANK OF VERMONT of BRADFORD, VT was closed by the OCC on **1993-01-29**. The FDIC was named receiver.

**Resolution:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors

Deposits were transferred to **NEW FIRST NB OF VERMONT** (BRADFORD, VT). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3434
- **FDIC Certificate:** 6290
- **FDIC FIN:** 4562
- **Bank name:** FIRST NATIONAL BANK OF VERMONT
- **Location:** BRADFORD, VT
- **Failure date:** 1993-01-29
- **FDIC resolution date:** 1993-06-04
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- **Estimated FDIC DIF cost:** $26M
- **Deposits at failure:** $282M
- **Assets at failure:** $296M
- **Acquiring bank:** NEW FIRST NB OF VERMONT (BRADFORD, VT)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST NATIONAL BANK OF VERMONT (FDIC ID 3434), failed 1993-01-29. Retrieved via AI Analytics 2026-06-24 from https://api.ai-analytics.org/failed-bank/3434.

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