Bank failure · OH

First Bank National Association (Cleveland, OH) — failed March 9, 1990

First Bank National Association of Cleveland, Ohio was closed on March 9, 1990 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $33.1M in assets and $32.1M in deposits. The FDIC's estimated loss on the failure is $2.2M (6.7% of assets).