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Bank Failures

Failed Bank Information for First National Bank also operating as The National Bank of El Paso, Edinburg, TX

On Friday, September 13, 2013, First National Bank, also operating two branches as The National Bank of El Paso was closed by the Office of the Comptroller of the Currency. The FDIC was named Receiver. PlainsCapital Bank, Dallas, TX acquired all deposit accounts.

The FDIC as Receiver for First National Bank, Edinburg, TX has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on May 22, 2023 and has made all dividend distributions required by law.

Effective September 1, 2023, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.

Receivership Status: TERMINATED

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Notice of Termination

Effective Date: September 1, 2023
Icon for Notice of Intent to Terminate

Notice of Intent to Terminate

Publication Date: May 22, 2023
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Dividend Information

Report on dividends paid
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Press Release

Official press release

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Please be advised you will not receive any email notification to claim/unlock/suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.

ACQUIRING INSTITUTION: PLAINSCAPITAL BANK

About PlainsCapital Bank

All deposit accounts, including brokered deposits, were transferred to PlainsCapital Bank, Dallas, TX ("assuming institution"). Former First National Bank locations reopened as branches of PlainsCapital Bank.

Your transferred deposits were separately insured from any accounts you may have already had at PlainsCapital Bank for at least six months after the failure of First National Bank.

You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with PlainsCapital Bank as long as the deposits are not pledged as collateral for loans.

PlainsCapital Bank (www.plainscapital.com)

Contacting PlainsCapital Bank

You can contact PlainsCapital Bank:

PlainsCapital Bank
6565 Hillcrest Ave
University Park, TX 75205

Transaction Documentation

Purchase & Assumption Agreement - PDF (37Mb)
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank

Last Updated: September 12, 2023