SEMINOLE STATE NATIONAL BANK Failed 1984
What happened
SEMINOLE STATE NATIONAL BANK of SEMINOLE, TX was closed on 1984-03-16. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to SEMINOLE NATIONAL BANK (SEMINOLE, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 857
- FDIC Certificate
- 15783
- FDIC FIN
- 5464
- Bank name
- SEMINOLE STATE NATIONAL BANK
- Location
- SEMINOLE, TX
- Failure date
- 1984-03-16
- FDIC resolution date
- 1984-03-16
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $2M
- Deposits at failure
- $48M
- Assets at failure
- $51M
- Acquiring bank
- SEMINOLE NATIONAL BANK (SEMINOLE, TX)