# ALEDO STATE BANK

> **Failed bank** · ALEDO, TX · failed 1989-12-07 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $0M

## What happened

ALEDO STATE BANK of ALEDO, TX was closed by regulators on **1989-12-07**. The FDIC was named receiver.

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

Deposits were transferred to **CITIZENS NATIONAL BANK OF W** (WEATHERFORD, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2575
- **FDIC Certificate:** 22593
- **FDIC FIN:** 4125
- **Bank name:** ALEDO STATE BANK
- **Location:** ALEDO, TX
- **Failure date:** 1989-12-07
- **FDIC resolution date:** 1989-12-07
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $10M
- **Assets at failure:** $10M
- **Acquiring bank:** CITIZENS NATIONAL BANK OF W (WEATHERFORD, TX)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, ALEDO STATE BANK (FDIC ID 2575), failed 1989-12-07. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/2575.

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