COMMUNITY BANK, NATIONAL ASSOCIATION Failed 1989
What happened
COMMUNITY BANK, NATIONAL ASSOCIATION of DECKER PRAIRIE, TX was closed on 1989-01-26. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to TOMBALL NATIONAL BANK (TOMBALL, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2078
- FDIC Certificate
- 24705
- FDIC FIN
- 5956
- Bank name
- COMMUNITY BANK, NATIONAL ASSOCIATION
- Location
- DECKER PRAIRIE, TX
- Failure date
- 1989-01-26
- FDIC resolution date
- 1989-01-26
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $5M
- Deposits at failure
- $9M
- Assets at failure
- $9M
- Acquiring bank
- TOMBALL NATIONAL BANK (TOMBALL, TX)
Other banks TOMBALL NATIONAL BANK acquired in FDIC resolutions