SECURITY NATIONAL BANK Failed 1987

MIDLAND, TX · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

SECURITY NATIONAL BANK of MIDLAND, TX was closed on 1987-02-12. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1360
FDIC Certificate
24039
FDIC FIN
5809
Bank name
SECURITY NATIONAL BANK
Location
MIDLAND, TX
Failure date
1987-02-12
FDIC resolution date
1987-02-12
Charter type
National commercial bank (OCC-chartered)
Resolution type
PO
FDIC DIF cost (est.)
$4M
Deposits at failure
$9M
Assets at failure
$9M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions