# FIRST NATIONAL BANK OF CEDAR PARK

> **Failed bank** · CEDAR PARK, TX · failed 1989-01-19 · National commercial bank (OCC-chartered) · FDIC cost $7M

## What happened

FIRST NATIONAL BANK OF CEDAR PARK of CEDAR PARK, TX was closed by the OCC on **1989-01-19**. The FDIC was named receiver.

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

Deposits were transferred to **UNION NATIONAL BANK OF TEXA** (AUSTIN, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2075
- **FDIC Certificate:** 23350
- **FDIC FIN:** 2957
- **Bank name:** FIRST NATIONAL BANK OF CEDAR PARK
- **Location:** CEDAR PARK, TX
- **Failure date:** 1989-01-19
- **FDIC resolution date:** 1989-01-19
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $7M
- **Deposits at failure:** $19M
- **Assets at failure:** $19M
- **Acquiring bank:** UNION NATIONAL BANK OF TEXA (AUSTIN, TX)

## Other banks UNION NATIONAL BANK OF TEXA has acquired in FDIC resolutions

- TRAVIS BANK AND TRUST (AUSTIN, TX) — failed 1989-04-20 — /failed-bank/2357

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST NATIONAL BANK OF CEDAR PARK (FDIC ID 2075), failed 1989-01-19. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/2075.

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