CENTURY NATIONAL BANK Failed 1986
What happened
CENTURY NATIONAL BANK of HOUSTON, TX was closed on 1986-10-02. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to STERLING BANK WILLOWBROO (HOUSTON, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1284
- FDIC Certificate
- 24201
- FDIC FIN
- 5754
- Bank name
- CENTURY NATIONAL BANK
- Location
- HOUSTON, TX
- Failure date
- 1986-10-02
- FDIC resolution date
- 1986-10-02
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $5M
- Deposits at failure
- $14M
- Assets at failure
- $16M
- Acquiring bank
- STERLING BANK WILLOWBROO (HOUSTON, TX)