Reagan State Bank

Status:Inactive as of 10/03/1991
 Absorption - Assisted
Successor Bank:Security Bank
Headquarters:Reagan State Bank
123 Main Street
Big Lake, TX 76932
Established:09/02/1969
FDIC Insurance:09/02/1969
FDIC Cert:#20027
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$20,254,000
Total Deposits:$20,902,000

History

1969-09-02Institution established: Original name:Reagan State Bank
1985-10-08Change trust powers from LIMITED TRUST POWERS GRANTED to FULL TRUST POWERS GRANTED
1991-10-03Failed. Acquired with government financial assistance and subsequently operated as part of Security State Bank (13408)
1993-12-13Moved bank headquarters from BIG LAKE, TX to MCCAMEY, TX
2001-07-20Moved bank headquarters from MCCAMEY, TX to ODESSA, TX
2008-12-18Changed name to Security Bank (13408)
2009-02-21Acquired First National Bank of Monahans (16770) in MONAHANS, TX
2011-10-28Acquired The Bank of Texas (26905) in DEVINE, TX
2013-08-10Moved bank headquarters from ODESSA, TX to MIDLAND, TX
2020-02-29Merged into and subsequently operated as part of American Momentum Bank (58309) in COLLEGE STATION, TX