Bank failure · NE
Occidental/Nebraska FSB (Omaha, NE) — failed February 17, 1989
Occidental/Nebraska FSB of Omaha, Nebraska was closed on February 17, 1989 and resolved through a purchase and assumption. Firstier Bank, NA, Omaha (NE) took over its insured deposits. At failure it held $677.3M in assets and $529.9M in deposits. The FDIC's estimated loss on the failure is $155.7M (23.0% of assets).
- Closing date
- February 17, 1989
- FDIC certificate #
- 30186
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Firstier Bank, NA, Omaha
- Insurance fund
- RTC
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