FIRST NATIONAL BANK OF CRESTVIEW Failed 2015
What happened
FIRST NATIONAL BANK OF CRESTVIEW of CRESTVIEW, FL was closed on 2015-01-16. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FIRST NBC BANK (NEW ORLEANS, LA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 4076
- FDIC Certificate
- 17557
- FDIC FIN
- 10510
- Bank name
- FIRST NATIONAL BANK OF CRESTVIEW
- Location
- CRESTVIEW, FL
- Failure date
- 2015-01-16
- FDIC resolution date
- 2015-01-16
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $6M
- Deposits at failure
- $73M
- Assets at failure
- $74M
- Acquiring bank
- FIRST NBC BANK (NEW ORLEANS, LA)
Other banks FIRST NBC BANK acquired in FDIC resolutions