ENLOE STATE BANK Failed 2019

COOPER, TX · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

ENLOE STATE BANK of COOPER, TX was closed on 2019-05-31. The FDIC was named receiver.

Resolution: Payout / Insured deposits — FDIC paid insured deposits directly to depositors

Deposits were transferred to LEGEND BANK, NA (BOWIE, TX). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
4097
FDIC Certificate
10716
FDIC FIN
10531
Bank name
ENLOE STATE BANK
Location
COOPER, TX
Failure date
2019-05-31
FDIC resolution date
2019-05-31
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Payout / Insured deposits — FDIC paid insured deposits directly to depositors
FDIC DIF cost (est.)
$18M
Deposits at failure
$31M
Assets at failure
$37M
Acquiring bank
LEGEND BANK, NA (BOWIE, TX)