Bank of Odessa

Status:Inactive as of 07/26/1990
 Absorption - Assisted
Successor Bank:Western National Bank
Headquarters:Bank of Odessa
1100 South Grant Avenue
Odessa, TX 79761
Established:04/01/1983
FDIC Insurance:04/01/1983
FDIC Cert:#24410
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$14,364,000
Total Deposits:$14,707,000

History

1983-04-01Institution established: Original name:Odessa Industrial Bank
1987-06-09Changed name to Bank of Odessa
1990-07-26Failed. Acquired with government financial assistance and subsequently operated as part of Western National Bank (22482)
1990-12-11Acquired First National Bank of Kermit (18078) in KERMIT, TX
1997-07-31Change trust powers from TRUST POWERS NOT GRANTED to TRUST POWERS TERMINATED
2004-04-17Change trust powers from TRUST POWERS TERMINATED to FULL TRUST POWERS GRANTED
2014-06-21Merged into and subsequently operated as part of Frost Bank (5510) in SAN ANTONIO, TX