# MBANK MIDCITIES, NATIONAL ASSOC

> **Failed bank** · ARLINGTON, TX · failed 1989-03-28 · National commercial bank (OCC-chartered) · FDIC cost $7M

## What happened

MBANK MIDCITIES, NATIONAL ASSOC of ARLINGTON, TX was closed by the OCC on **1989-03-28**. The FDIC was named receiver.

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

Deposits were transferred to **BANK ONE, TEXAS, N.A.** (DALLAS, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2292
- **FDIC Certificate:** 18571
- **FDIC FIN:** 2992
- **Bank name:** MBANK MIDCITIES, NATIONAL ASSOC
- **Location:** ARLINGTON, TX
- **Failure date:** 1989-03-28
- **FDIC resolution date:** 1989-07-05
- **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:** $331M
- **Assets at failure:** $358M
- **Acquiring bank:** BANK ONE, TEXAS, N.A. (DALLAS, TX)

## Other banks BANK ONE, TEXAS, N.A. has acquired in FDIC resolutions

- MBANK THE WOODLANDS, NATIONAL ASSOC (THE WOODLANDS, TX) — failed 1989-03-28 — /failed-bank/2296
- MBANK HOUSTON, NATIONAL ASSOC (HOUSTON, TX) — failed 1989-03-28 — /failed-bank/2295
- MBANK ABILENE, NATIONAL ASSOCIATION (ABILENE, TX) — failed 1989-03-28 — /failed-bank/2294
- MBANK DENTON COUNTY, NATIONAL ASSOC (LEWISVILLE, TX) — failed 1989-03-28 — /failed-bank/2293
- MBANK ORANGE, NATIONAL ASSOC (ORANGE, TX) — failed 1989-03-28 — /failed-bank/2291
- MBANK ODESSA, NATIONAL ASSOC (ODESSA, TX) — failed 1989-03-28 — /failed-bank/2290
- MBANK ROUND ROCK, NATIONAL ASSOC (ROUND ROCK, TX) — failed 1989-03-28 — /failed-bank/2289
- MBANK WICHITA FALLS, NATIONAL ASSOC (WICHITA FALLS, TX) — failed 1989-03-28 — /failed-bank/2288
- MBANK SHERMAN, NATIONAL ASSOC (SHERMAN, TX) — failed 1989-03-28 — /failed-bank/2287
- MBANK ALAMO, NATIONAL ASSOCIATION (SAN ANTONIO, TX) — failed 1989-03-28 — /failed-bank/2286

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=MBANK%20MIDCITIES%2C%20NATIONAL%20ASSOC

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MBANK MIDCITIES, NATIONAL ASSOC (FDIC ID 2292), failed 1989-03-28. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/2292.

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