# NORTH CENTRAL NATIONAL BANK

> **Failed bank** · AUSTIN, TX · failed 1987-04-23 · National commercial bank (OCC-chartered) · FDIC cost $11M

## What happened

NORTH CENTRAL NATIONAL BANK of AUSTIN, TX was closed by the OCC on **1987-04-23**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **GREATER TEXAS BANK NORTH** (AUSTIN, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1422
- **FDIC Certificate:** 26201
- **FDIC FIN:** 5851
- **Bank name:** NORTH CENTRAL NATIONAL BANK
- **Location:** AUSTIN, TX
- **Failure date:** 1987-04-23
- **FDIC resolution date:** 1987-04-23
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $11M
- **Deposits at failure:** $23M
- **Assets at failure:** $23M
- **Acquiring bank:** GREATER TEXAS BANK NORTH (AUSTIN, TX)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=NORTH%20CENTRAL%20NATIONAL%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, NORTH CENTRAL NATIONAL BANK (FDIC ID 1422), failed 1987-04-23. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/failed-bank/1422.

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