Bank failure · TX
University National Bank of College Statio (College Station, TX) — failed March 8, 1990
University National Bank of College Statio of College Station, Texas was closed on March 8, 1990 and resolved through a purchase and assumption. First American Bank (TX) took over its insured deposits. At failure it held $36.3M in assets and $39.5M in deposits. The FDIC's estimated loss on the failure is $11.7M (32.3% of assets).
- Closing date
- March 8, 1990
- FDIC certificate #
- 16457
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- First American Bank
- Insurance fund
- BIF
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