Bank Branches › Closed and merged banks › Texas › Peoples Bank and Trust
What happened to Peoples Bank and Trust?
Peoples Bank and Trust in Borger, TX (earlier called First National Bank of Stinnett and 1 other name) failed, and Boatmen's First National Bank of Amarillo of Amarillo, TX took it over on May 31, 1996. After 3 more changes of hands, what was Peoples Bank and Trust is today part of Bank of America, National Association (Charlotte, NC).
The chain, step by step
From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.
- 1962First National Bank of Stinnett opens in Borger, TX
- May 1, 1987renamed County National Bank
- Jun 30, 1990renamed Peoples Bank and Trust
- May 31, 1996FAILEDPeoples Bank and Trust failed, and Boatmen's First National Bank of Amarillo of Amarillo, TX took it over.FDIC certificate 18662 ends; its business continues under certificate 3072.
- Feb 19, 1998MERGEDBoatmen's First National Bank of Amarillo of Amarillo, TX merged into NationsBank of Texas, National Association of Dallas, TX.FDIC certificate 3072 ends; its business continues under certificate 27306.
- May 6, 1998MERGEDNationsBank of Texas, National Association of Dallas, TX merged into NationsBank, National Association of Charlotte, NC.FDIC certificate 27306 ends; its business continues under certificate 15802.
- Jul 23, 1999MERGEDNationsBank, National Association (by then renamed Bank of America, National Association) of Charlotte, NC merged into Bank of America National Trust and Savings Association of Charlotte, NC.FDIC certificate 15802 ends; its business continues under certificate 3510.
- TodayOPEN
Bank of America, National AssociationMain office Charlotte, NC · FDIC certificate 3510 · 3,598 offices in 39 states on June 30, 2026Every Bank of America, National Association office → Website on file with the FDIC: www.bankofamerica.com
If you still have something from Peoples Bank and Trust
A lien that was never released
Peoples Bank and Trust failed on May 31, 1996. For a failed bank placed in FDIC receivership, the FDIC may be able to issue the lien release, if the loan was paid off to the bank before it failed or to the FDIC afterward. The FDIC says that where a failed bank had an acquirer, its records in most cases went to that acquirer. Here the chain from the acquirer leads to Bank of America, National Association, which is worth asking too.
Requests go through the FDIC Information and Support Center with the recorded mortgage or title, and proof of payoff. The FDIC says to allow 30 business days once it has every document, and does not take requests by phone or email. Questions: FDIC Resolution Inquiries, 888-206-4662, 8am–4pm Central on weekdays.
An old account, passbook or CD
When a healthy bank assumes a failed bank's deposits, insured depositors become its customers right away (here, Boatmen's First National Bank of Amarillo). Start with Bank of America, National Association, and ask them to search under the name Peoples Bank and Trust.
For failures since mid-1993 the law sets a clock: insured deposits not claimed within 18 months of the FDIC starting to pay depositors are offered to the state of the depositor's last known address on the bank's records. If the state takes them, the owner has 10 years to claim there before the money returns to the FDIC. Check FDIC unclaimed funds search and that state's unclaimed-property program.
A safe deposit box
The FDIC says that when a healthy bank assumes a failed bank's deposits, the branches usually reopen the next business day with box access. Today, ask Bank of America, National Association. A box abandoned for years may have been turned over to the state's unclaimed-property program.
Box contents are not covered by FDIC insurance.
Not sure this is your bank?
Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.
Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.
One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain. The office list below shows which bank each office reports under now.
This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.
Where the guidance comes from ▾
Its offices in the FDIC deposit reports
3 offices filed under this charter in some year from 1994 on. 1 is still open as of June 30, 2026.
| Office | Now |
|---|---|
| 525 S Morse AveStinnett, TX | OpenInterBank |
| 531 North DeahlBorger, TX | No longer reported |
| 600 North Hedgecoke StreetBorger, TX | No longer reported |
Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 18662 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.