TellerScore

Bank failure · OH

American National Bank (Parma, OH) — failed February 12, 1988

American National Bank of Parma, Ohio was closed on February 12, 1988 and resolved through a a/a. American National Bank (OH) took over its insured deposits. At failure it held $27.8M in assets and $25.4M in deposits.

Closing date
February 12, 1988
FDIC certificate #
18806
Resolution
A/A (assistance)
Acquiring institution
American National Bank
Insurance fund
FDIC
Pre-failure filings
Last reported financials

Other failures in 1988

What happens when a bank fails