# UNITED BANK OF WACO, NATIONAL ASSOC

> **Failed bank** · WACO, TX · failed 1990-08-02 · National commercial bank (OCC-chartered) · FDIC cost $33M

## What happened

UNITED BANK OF WACO, NATIONAL ASSOC of WACO, TX was closed by the OCC on **1990-08-02**. The FDIC was named receiver.

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

Deposits were transferred to **BANK ONE, TEXAS, NATIONAL A** (DALLAS, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2864
- **FDIC Certificate:** 18250
- **FDIC FIN:** 4255
- **Bank name:** UNITED BANK OF WACO, NATIONAL ASSOC
- **Location:** WACO, TX
- **Failure date:** 1990-08-02
- **FDIC resolution date:** 1990-08-02
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $33M
- **Deposits at failure:** $254M
- **Assets at failure:** $250M
- **Acquiring bank:** BANK ONE, TEXAS, NATIONAL A (DALLAS, TX)

## Other banks BANK ONE, TEXAS, NATIONAL A has acquired in FDIC resolutions

- CAPITAL BANK (DALLAS, TX) — failed 1991-05-16 — /failed-bank/3102
- BANK OF ARLINGTON (ARLINGTON, TX) — failed 1990-11-29 — /failed-bank/2944
- NORTHSIDE BANK (SAN ANTONIO, TX) — failed 1990-09-06 — /failed-bank/2893
- TRINITY NATIONAL BANK OF DALLAS (DALLAS, TX) — failed 1990-04-26 — /failed-bank/2740
- EVERMAN NATIONAL BANK OF FORT WORTH (FORT WORTH, TX) — failed 1990-03-30 — /failed-bank/2718

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=UNITED%20BANK%20OF%20WACO%2C%20NATIONAL%20ASSOC

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, UNITED BANK OF WACO, NATIONAL ASSOC (FDIC ID 2864), failed 1990-08-02. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/2864.

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