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Bank failure · ME

Maine National Bank (Portland, ME) — failed January 6, 1991

Maine National Bank of Portland, Maine was closed on January 6, 1991 and resolved through a purchase and assumption. New Maine National Bank (ME) took over its insured deposits. At failure it held $1.0B in assets and $944.7M in deposits.

Closing date
January 6, 1991
FDIC certificate #
4275
Resolution
Purchase and assumption (failure)
Acquiring institution
New Maine National Bank
Insurance fund
BIF

Other failures in 1991

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