# MBANK ABILENE, NATIONAL ASSOCIATION

> **Failed bank** · ABILENE, TX · failed 1989-03-28 · National commercial bank (OCC-chartered) · FDIC cost $73M

## What happened

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

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

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


## Key facts

- **FDIC ID:** 2294
- **FDIC Certificate:** 19019
- **FDIC FIN:** 5962
- **Bank name:** MBANK ABILENE, NATIONAL ASSOCIATION
- **Location:** ABILENE, TX
- **Failure date:** 1989-03-28
- **FDIC resolution date:** 1989-07-05
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $73M
- **Deposits at failure:** $213M
- **Assets at failure:** $199M
- **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 DENTON COUNTY, NATIONAL ASSOC (LEWISVILLE, TX) — failed 1989-03-28 — /failed-bank/2293
- MBANK MIDCITIES, NATIONAL ASSOC (ARLINGTON, TX) — failed 1989-03-28 — /failed-bank/2292
- 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%20ABILENE%2C%20NATIONAL%20ASSOCIATION

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MBANK ABILENE, NATIONAL ASSOCIATION (FDIC ID 2294), failed 1989-03-28. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/2294.

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