ABILENE NATIONAL BANK Failed 1982

ABILENE, TX · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

ABILENE NATIONAL BANK of ABILENE, TX was closed on 1982-08-06. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to MERCANTILE TEXAS CORPORATIO (DALLAS, TX). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID: 692
FDIC Certificate: 19019
FDIC FIN: 1909
Bank name: ABILENE NATIONAL BANK
Location: ABILENE, TX
Failure date: 1982-08-06
FDIC resolution date: 1982-08-06
Charter type: National commercial bank (OCC-chartered)
Resolution type: A/A
FDIC DIF cost (est.): $0M
Deposits at failure: $428M
Assets at failure: $437M
Acquiring bank: MERCANTILE TEXAS CORPORATIO (DALLAS, TX)