# FIRST NATIONAL BANK OF NEVADA

> **Failed bank** · RENO, NV · failed 2008-07-25 · National commercial bank (OCC-chartered) · FDIC cost $710M

## What happened

FIRST NATIONAL BANK OF NEVADA of RENO, NV was closed by the OCC 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
- **Estimated FDIC DIF cost:** $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 has acquired in FDIC resolutions

- MARCO COMMUNITY BANK (MARCO ISLAND, FL) — failed 2010-02-19 — /failed-bank/3753
- FIRST HERITAGE BANK N.A. (NEWPORT BEACH, CA) — failed 2008-07-25 — /failed-bank/3562

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST NATIONAL BANK OF NEVADA (FDIC ID 3561), failed 2008-07-25. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/failed-bank/3561.

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