Bank failure · TX
University National Bank (San Antonio, TX) — failed August 3, 1989
University National Bank of San Antonio, Texas was closed on August 3, 1989 and resolved through a purchase and assumption. The Frost National Bank of (TX) took over its insured deposits. At failure it held $19.8M in assets and $22.5M in deposits. The FDIC's estimated loss on the failure is $5.9M (29.9% of assets).
- Closing date
- August 3, 1989
- FDIC certificate #
- 22457
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- The Frost National Bank of
- Insurance fund
- FDIC
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