# MOUNTAIN NATIONAL BANK

> **Failed bank** · SEVIERVILLE, TN · failed 2013-06-07 · National commercial bank (OCC-chartered) · FDIC cost $33M

## What happened

MOUNTAIN NATIONAL BANK of SEVIERVILLE, TN was closed by the OCC on **2013-06-07**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **FIRST TENNESSEE BANK, NATIONAL ASSOCIATION** (MEMPHIS, TN). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 4049
- **FDIC Certificate:** 34789
- **FDIC FIN:** 10483
- **Bank name:** MOUNTAIN NATIONAL BANK
- **Location:** SEVIERVILLE, TN
- **Failure date:** 2013-06-07
- **FDIC resolution date:** 2013-06-07
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $33M
- **Deposits at failure:** $373M
- **Assets at failure:** $437M
- **Acquiring bank:** FIRST TENNESSEE BANK, NATIONAL ASSOCIATION (MEMPHIS, TN)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MOUNTAIN NATIONAL BANK (FDIC ID 4049), failed 2013-06-07. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/4049.

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