FIRST NATIONAL BANK OF NEVADA Failed 2008
What happened
FIRST NATIONAL BANK OF NEVADA of RENO, NV was closed on 2008-07-25. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to MUTUAL OF OMAHA BANK (OMAHA, NE). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3561
- FDIC Certificate
- 27011
- FDIC FIN
- 10008
- Bank name
- FIRST NATIONAL BANK OF NEVADA
- Location
- RENO, NV
- Failure date
- 2008-07-25
- FDIC resolution date
- 2008-07-25
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $710M
- Deposits at failure
- $3,038M
- Assets at failure
- $3,411M
- Acquiring bank
- MUTUAL OF OMAHA BANK (OMAHA, NE)
- FDIC comments
- OBA=-0 per R Bennett 03/14/2012
Other banks MUTUAL OF OMAHA BANK acquired in FDIC resolutions