Bank failure · TX
Citizens National Bank of Killeen (Killeen, TX) — failed August 17, 1989
Citizens National Bank of Killeen of Killeen, Texas was closed on August 17, 1989 and resolved through a purchase and assumption. First National Bank of Temp (TX) took over its insured deposits. At failure it held $35.5M in assets and $36.8M in deposits. The FDIC's estimated loss on the failure is $3.8M (10.8% of assets).
- Closing date
- August 17, 1989
- FDIC certificate #
- 23536
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- First National Bank of Temp
- Insurance fund
- BIF
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