# THE LA COSTE NATIONAL BANK

> **Failed bank** · LA COSTE, TX · failed 2010-02-19 · National commercial bank (OCC-chartered) · FDIC cost $6M

## What happened

THE LA COSTE NATIONAL BANK of LA COSTE, TX was closed by the OCC on **2010-02-19**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 3750
- **FDIC Certificate:** 3287
- **FDIC FIN:** 10186
- **Bank name:** THE LA COSTE NATIONAL BANK
- **Location:** LA COSTE, TX
- **Failure date:** 2010-02-19
- **FDIC resolution date:** 2010-02-19
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $6M
- **Deposits at failure:** $49M
- **Assets at failure:** $54M
- **Acquiring bank:** COMMUNITY NATIONAL BANK (HONDO, TX)

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

- OAK HILL NATIONAL BANK (TRAVIS COUNTY, TX) — failed 1989-01-12 — /failed-bank/2072
- CENTURY NATIONAL BANK (AUSTIN, TX) — failed 1988-06-16 — /failed-bank/1774
- HERITAGE NATIONAL BANK (AUSTIN, TX) — failed 1987-12-10 — /failed-bank/1576

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE LA COSTE NATIONAL BANK (FDIC ID 3750), failed 2010-02-19. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3750.

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