UNITED NATIONAL BANK OF PLANO Failed 1989

PLANO, TX · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

UNITED NATIONAL BANK OF PLANO of PLANO, TX was closed on 1989-11-09. The FDIC was named receiver.

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

Deposits were transferred to HIBERNIA NATIONAL BANK IN T (PFLUGERVILLE, TX). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2549
FDIC Certificate
23475
FDIC FIN
4115
Bank name
UNITED NATIONAL BANK OF PLANO
Location
PLANO, TX
Failure date
1989-11-09
FDIC resolution date
1989-11-09
Charter type
National commercial bank (OCC-chartered)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$4M
Deposits at failure
$31M
Assets at failure
$30M
Acquiring bank
HIBERNIA NATIONAL BANK IN T (PFLUGERVILLE, TX)

Other banks HIBERNIA NATIONAL BANK IN T acquired in FDIC resolutions