# UNION BANK, NATIONAL ASSOCIATION

> **Failed bank** · GILBERT, AZ · failed 2009-08-14 · National commercial bank (OCC-chartered) · FDIC cost $52M

## What happened

UNION BANK, NATIONAL ASSOCIATION of GILBERT, AZ was closed by the OCC on **2009-08-14**. The FDIC was named receiver.

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

Deposits were transferred to **MIDFIRST BANK** (OKLAHOMA CITY, OK). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3669
- **FDIC Certificate:** 34485
- **FDIC FIN:** 10102
- **Bank name:** UNION BANK, NATIONAL ASSOCIATION
- **Location:** GILBERT, AZ
- **Failure date:** 2009-08-14
- **FDIC resolution date:** 2009-08-14
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $52M
- **Deposits at failure:** $110M
- **Assets at failure:** $120M
- **Acquiring bank:** MIDFIRST BANK (OKLAHOMA CITY, OK)

## Other banks MIDFIRST BANK has acquired in FDIC resolutions

- COMMUNITY BANK OF ARIZONA (PHOENIX, AZ) — failed 2009-08-14 — /failed-bank/3670

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, UNION BANK, NATIONAL ASSOCIATION (FDIC ID 3669), failed 2009-08-14. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/3669.

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