The Enloe State Bank - Cooper, TX

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2019 FDIC Insured Failed Banks

May 31, 2019: The Enloe State Bank was closed by the Texas Department of Banking. The FDIC was named Receiver.

Successor Bank: All insured deposits have been transferred to Legend Bank, N.A., Bowie, TX.

Legend Bank, N.A.
101 West Tarrant
Bowie, TX 76230

History:

1928: Established as The Enloe State Bank in Enloe
2008: Changed name to Enloe State Bank

Depositors must establish contact or the successor bank or the FDIC to reclaim their deposits. ► Not every depositor in a failed bank will receive notification from the FDIC, and there are time limits on claims of FDIC-insured bank accounts, CDs and safe deposit boxes. By law, accounts which go unclaimed for an extended period may be time barred, and safe deposit boxes can be drilled and the contents sold at auction. ► Additionally, accounts transferred to successor institutions may have lower interest rates and can lose insurance coverage.

It is important to understand you may have an account at a failed institution and not know it, either because you were a depositor at a bank acquired by an institution that subsequently failed, or if you or a deceased family member are the beneficial owner of a brokered fiduciary account.

For assistance tracing and reclaiming a lost bank account, certificate of deposit (CD) or safe deposit box go to: Unclaimed Account Search

 The Enloe State Bank

45 Texas Highway 24 North
Cooper, TX 75432

Established as
The Enloe State Bank in Enloe
Cost to FDIC: $27 million


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