Bank failure · TX
United Citizens Bank, National Assoc (College Station, TX) — failed February 28, 1991
United Citizens Bank, National Assoc of College Station, Texas was closed on February 28, 1991 and resolved through a purchase and assumption. First American Bank (TX) took over its insured deposits. At failure it held $44.9M in assets and $47.2M in deposits. The FDIC's estimated loss on the failure is $9.8M (21.9% of assets).
- Closing date
- February 28, 1991
- FDIC certificate #
- 17806
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- First American Bank
- Insurance fund
- BIF
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