Failed Bank Information
Information for Home National Bank, Blackwell, OK
- Press Release
- Acquiring Financial Institution
- Priority of Claims
- Dividend Information
- Purchase and Assumption Agreement - PDF 677 Kb
- Loan Sale Agreement - Enterprise Bank and Trust, Buyer - PDF 8 Mb
- Bid Summary
- Receivership Termination
Please be advised you will not receive any email notification to claim/unlock/unsuspend your account or to provide any private information. Please be aware of any Phishing Scams to obtain information from you.
On Friday, July 9, 2010, Home National Bank, Blackwell, OK was closed by the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. As Receiver, the FDIC is charged with winding up the business affairs of the failed financial institution. This includes the disposition of assets and liabilities of the failed financial institution and payment of dividends to approved creditors in order of priority.
The FDIC, as Receiver, has taken all necessary actions to conclude the affairs of the failed financial institution, made all dividend distributions as required by law and the receivership is deemed terminated.
II. Press Release
The FDIC has issued a press release (PR-152-2010) about the institution's closure. If you represent a media outlet and would like information about the closure, please contact LaJuan Williams-Young at 1-202-898-3876.
III. Acquiring Financial Institution
All deposit accounts have been transferred to RCB Bank, Claremore, OK and will be available immediately. The former Home National Bank location will reopen as a branch of RCB Bank during regular business hours.
Your transferred deposits will be separately insured from any accounts you may already have at RCB Bank for six months after the failure of Home National Bank. Checks that were drawn on Home National Bank that did not clear before the institution closed will be honored as long as there are sufficient funds in the account. If you have questions about your account(s) transferred to the assuming bank, you may speak to an FDIC representative by calling 1-800-405-8357.
For general questions about FDIC deposit insurance coverage, please call 1-877-275-3342 or visit EDIE, the FDIC's Electronic Deposit Insurance Estimator.
You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with RCB Bank as long as the deposits are not pledged as collateral for loans. You may view more information about RCB Bank by visiting their web site.
IV. Priority of Claims
In accordance with Federal law, allowed claims will be paid, after administrative expenses, in the following order of priority:
- General Unsecured Creditors
- Subordinated Debt
V. Dividend Information
IX. Receivership Termination
The FDIC as Receiver for Home National Bank, Blackwell, OK has taken all actions necessary to terminate the Receivership Estate.
The Receiver published a legal notice of intent to terminate the receivership in the Federal Register on August 8, 2016.
The Receiver has made all dividend distributions required by law.
Effective December 1, 2016, the Receivership Estate has been terminated, the Receiver was discharged and the Receivership Estate ceased existence as a legal entity.