# AMERICAN FEDERAL SAVINGS BANK

> **Failed bank** · AUSTIN, TX · failed 1989-04-06 · Savings bank · FDIC cost $14M

## What happened

AMERICAN FEDERAL SAVINGS BANK of AUSTIN, TX was closed by state regulators on **1989-04-06**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 2346
- **FDIC Certificate:** 32268
- **FDIC FIN:** 6913
- **Bank name:** AMERICAN FEDERAL SAVINGS BANK
- **Location:** AUSTIN, TX
- **Failure date:** 1989-04-06
- **FDIC resolution date:** 1989-09-08
- **Charter type:** Savings bank
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $14M
- **Deposits at failure:** $32M
- **Assets at failure:** $34M
- **Acquiring bank:** NCNB TEXAS NATIONAL BANK (DALLAS, TX)

## Other banks NCNB TEXAS NATIONAL BANK has acquired in FDIC resolutions

- NBC BANK-KERRVILLE, NATIONAL ASSOC (KERRVILLE, TX) — failed 1990-06-01 — /failed-bank/2795
- NBC BANK-AUSTIN, NATIONAL ASSOC (AUSTIN, TX) — failed 1990-06-01 — /failed-bank/2794
- NBC BANK-HOUSTON, NATIONAL ASSOC (HOUSTON, TX) — failed 1990-06-01 — /failed-bank/2793
- NBC BANK-UVALDE, NATIONAL ASSOC (UVALDE, TX) — failed 1990-06-01 — /failed-bank/2792
- NBC BANK-BOERNE, NATIONAL ASSOC (BOERNE, TX) — failed 1990-06-01 — /failed-bank/2791
- NBC BANK-RIO GRANDE VALLEY, NA (MISSION, TX) — failed 1990-06-01 — /failed-bank/2790
- NBC BANK-SEGUIN, NATIONAL ASSOC (SEGUIN, TX) — failed 1990-06-01 — /failed-bank/2789
- NBC BANK-SAN ANTONIO, NATIONAL ASSOC (SAN ANTONIO, TX) — failed 1990-06-01 — /failed-bank/2788
- NBC BANK- SOUTH TEXAS, NATIONAL (CORPUS CHRISTI, TX) — failed 1990-06-01 — /failed-bank/2787
- THE HUNTSVILLE NATIONAL BANK (HUNTSVILLE, TX) — failed 1990-05-31 — /failed-bank/2783

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, AMERICAN FEDERAL SAVINGS BANK (FDIC ID 2346), failed 1989-04-06. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/2346.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*