UNIVERSITY NATIONAL BANK Failed 1989
What happened
UNIVERSITY NATIONAL BANK of SAN ANTONIO, TX was closed on 1989-08-03. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to THE FROST NATIONAL BANK OF (SAN ANTONIO, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2468
- FDIC Certificate
- 22457
- FDIC FIN
- 4065
- Bank name
- UNIVERSITY NATIONAL BANK
- Location
- SAN ANTONIO, TX
- Failure date
- 1989-08-03
- FDIC resolution date
- 1989-08-03
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $6M
- Deposits at failure
- $22M
- Assets at failure
- $20M
- Acquiring bank
- THE FROST NATIONAL BANK OF (SAN ANTONIO, TX)
Other banks THE FROST NATIONAL BANK OF acquired in FDIC resolutions