Bank failure · TX
Oak Hill National Bank (Travis County, TX) — failed January 12, 1989
Oak Hill National Bank of Travis County, Texas was closed on January 12, 1989 and resolved through a purchase and assumption. Community National Bank (TX) took over its insured deposits. At failure it held $18.2M in assets and $18.2M in deposits. The FDIC's estimated loss on the failure is $5.5M (30.4% of assets).
- Closing date
- January 12, 1989
- FDIC certificate #
- 26655
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Community National Bank
- Insurance fund
- FDIC
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