# MEDCENTRE BANK,N.A.

> **Failed bank** · SAN ANTONIO, TX · failed 1989-09-14 · National commercial bank (OCC-chartered) · FDIC cost $7M

## What happened

MEDCENTRE BANK,N.A. of SAN ANTONIO, TX was closed by the OCC on **1989-09-14**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST CITY, TEXAS-SAN ANTON** (SAN ANTONIO, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2506
- **FDIC Certificate:** 25731
- **FDIC FIN:** 5992
- **Bank name:** MEDCENTRE BANK,N.A.
- **Location:** SAN ANTONIO, TX
- **Failure date:** 1989-09-14
- **FDIC resolution date:** 1989-09-14
- **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:** $30M
- **Assets at failure:** $28M
- **Acquiring bank:** FIRST CITY, TEXAS-SAN ANTON (SAN ANTONIO, TX)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=MEDCENTRE%20BANK%2CN.A.

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MEDCENTRE BANK,N.A. (FDIC ID 2506), failed 1989-09-14. Retrieved via AI Analytics 2026-07-08 from https://api.ai-analytics.org/failed-bank/2506.

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