# WILLOW BEND NATIONAL BANK

> **Failed bank** · PLANO, TX · failed 1990-06-14 · National commercial bank (OCC-chartered) · FDIC cost $27M

## What happened

WILLOW BEND NATIONAL BANK of PLANO, TX was closed by the OCC on **1990-06-14**. The FDIC was named receiver.

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

Deposits were transferred to **COMPASS BANK - PLANO** (PLANO, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2813
- **FDIC Certificate:** 24652
- **FDIC FIN:** 4228
- **Bank name:** WILLOW BEND NATIONAL BANK
- **Location:** PLANO, TX
- **Failure date:** 1990-06-14
- **FDIC resolution date:** 1990-06-14
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $27M
- **Deposits at failure:** $66M
- **Assets at failure:** $59M
- **Acquiring bank:** COMPASS BANK - PLANO (PLANO, TX)

## Other banks COMPASS BANK - PLANO has acquired in FDIC resolutions

- CITY NATIONAL BANK OF PLANO (PLANO, TX) — failed 1989-11-09 — /failed-bank/2548

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, WILLOW BEND NATIONAL BANK (FDIC ID 2813), failed 1990-06-14. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/2813.

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