# CITADEL BANK

> **Failed bank** · WILLIS, TX · failed 1991-03-21 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $6M

## What happened

CITADEL BANK of WILLIS, TX was closed by regulators on **1991-03-21**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 3045
- **FDIC Certificate:** 10331
- **FDIC FIN:** 4334
- **Bank name:** CITADEL BANK
- **Location:** WILLIS, TX
- **Failure date:** 1991-03-21
- **FDIC resolution date:** 1991-03-21
- **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:** $6M
- **Deposits at failure:** $22M
- **Assets at failure:** $22M
- **Acquiring bank:** TOMBALL NATIONAL BANK (TOMBALL, TX)

## Other banks TOMBALL NATIONAL BANK has acquired in FDIC resolutions

- COMMUNITY BANK, NATIONAL ASSOCIATION (DECKER PRAIRIE, TX) — failed 1989-01-26 — /failed-bank/2078

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CITADEL BANK (FDIC ID 3045), failed 1991-03-21. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/3045.

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