HULEN NATIONAL BANK Failed 1990

What happened

HULEN NATIONAL BANK of FORT WORTH, TX was closed on 1990-06-07. The FDIC was named receiver.

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

Deposits were transferred to FIRST NATIONAL BANK IN DECA (DECATUR, TX). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID

2802

FDIC Certificate

24496

FDIC FIN

4221

Bank name

HULEN NATIONAL BANK

Location

FORT WORTH, TX

Failure date

1990-06-07

FDIC resolution date

1990-06-07

Charter type

National commercial bank (OCC-chartered)

Resolution type

Purchase & Assumption — acquiring bank assumed deposits + bought assets

FDIC DIF cost (est.)

$0M

Deposits at failure

$12M

Assets at failure

$12M

Acquiring bank

FIRST NATIONAL BANK IN DECA (DECATUR, TX)