First Commerce National Bank

Status:Inactive as of 12/07/1989
 Absorption - Assisted
Successor Bank:Citibank (Arizona)
Headquarters:First Commerce National Bank
5336 North 19th Avenue
Phoenix, AZ 85015
Established:12/16/1985
FDIC Insurance:12/16/1985
FDIC Cert:#26464
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$20,267,000
Total Deposits:$21,443,000

History

1985-12-16Institution established: Original name:First Commerce National Bank
1989-12-07Failed. Acquired with government financial assistance and subsequently operated as part of Citibank (Arizona) (11642)
1990-02-15Acquired Gateway National Bank (26667) in PHOENIX, AZ
1990-03-15Acquired Independent National Bank (25649) in PHOENIX, AZ
1990-04-26Acquired Guardian Bank (25666) in SCOTTSDALE, AZ
1993-09-01Closed voluntarily and liquidated its assets.