WESTERN NATIONAL BANK Failed 1987
What happened
WESTERN NATIONAL BANK of BRYAN, TX was closed on 1987-10-22. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to FIRST STATE BANK IN CALD (CALDWELL, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1545
- FDIC Certificate
- 24196
- FDIC FIN
- 5914
- Bank name
- WESTERN NATIONAL BANK
- Location
- BRYAN, TX
- Failure date
- 1987-10-22
- FDIC resolution date
- 1987-10-22
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $9M
- Deposits at failure
- $24M
- Assets at failure
- $23M
- Acquiring bank
- FIRST STATE BANK IN CALD (CALDWELL, TX)
Other banks FIRST STATE BANK IN CALD acquired in FDIC resolutions