# THE MORAN NATIONAL BANK

> **Failed bank** · MORAN, TX · failed 1988-01-14 · National commercial bank (OCC-chartered) · FDIC cost $9M

## What happened

THE MORAN NATIONAL BANK of MORAN, TX was closed by the OCC on **1988-01-14**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **PEOPLES STATE BANK** (CLYDE, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1599
- **FDIC Certificate:** 3352
- **FDIC FIN:** 2770
- **Bank name:** THE MORAN NATIONAL BANK
- **Location:** MORAN, TX
- **Failure date:** 1988-01-14
- **FDIC resolution date:** 1988-01-14
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $9M
- **Deposits at failure:** $17M
- **Assets at failure:** $17M
- **Acquiring bank:** PEOPLES STATE BANK (CLYDE, TX)

## Other banks PEOPLES STATE BANK has acquired in FDIC resolutions

- FREEDOM BANK (RANGER, TX) — failed 1992-10-16 — /failed-bank/3382
- RED RIVER S & L ASSOC. (COUSHATTA, LA) — failed 1989-12-14 — /failed-bank/2593
- LIBERTY BANK & TRUST COMPANY (GREENWOOD, LA) — failed 1987-06-26 — /failed-bank/1460
- PELICAN STATE BANK (MANSFIELD, LA) — failed 1987-06-24 — /failed-bank/1456

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE MORAN NATIONAL BANK (FDIC ID 1599), failed 1988-01-14. Retrieved via AI Analytics 2026-07-13 from https://api.ai-analytics.org/failed-bank/1599.

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