# KINGSLAND NATIONAL BANK

> **Failed bank** · KINGSLAND, TX · failed 1988-06-16 · National commercial bank (OCC-chartered) · FDIC cost $4M

## What happened

KINGSLAND NATIONAL BANK of KINGSLAND, TX was closed by the OCC on **1988-06-16**. The FDIC was named receiver.

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

Deposits were transferred to **SECURITY STATE BANK&TRUS** (FREDERICKSBURG, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1775
- **FDIC Certificate:** 24345
- **FDIC FIN:** 2829
- **Bank name:** KINGSLAND NATIONAL BANK
- **Location:** KINGSLAND, TX
- **Failure date:** 1988-06-16
- **FDIC resolution date:** 1988-06-16
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $15M
- **Assets at failure:** $14M
- **Acquiring bank:** SECURITY STATE BANK&TRUS (FREDERICKSBURG, TX)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, KINGSLAND NATIONAL BANK (FDIC ID 1775), failed 1988-06-16. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/1775.

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