Bank Branches › Closed and merged banks › Texas › First State Bank of McKinney
What happened to First State Bank of McKinney?
First State Bank of McKinney in Mckinney, TX failed, and First Bank of Farmersville, TX took it over on Aug 17, 1989. After 2 more changes of hands, what was First State Bank of McKinney is today part of SouthState Bank, National Association (Winter Haven, FL).
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.
- 1970First State Bank of McKinney opens in Mckinney, TX
- Aug 17, 1989FAILEDFirst State Bank of McKinney failed, and First Bank of Farmersville, TX took it over.FDIC certificate 20297 ends; its business continues under certificate 14552.
- Sep 30, 2010MERGEDFirst Bank of Farmersville, TX merged into Independent Bank of Mckinney, TX.FDIC certificate 14552 ends; its business continues under certificate 3076.
- Jan 1, 2025MERGEDIndependent Bank of Mckinney, TX merged into SouthState Bank, National Association of Winter Haven, FL.FDIC certificate 3076 ends; its business continues under certificate 33555.
- TodayOPEN
SouthState Bank, National AssociationMain office Winter Haven, FL · FDIC certificate 33555 · 349 offices in 8 states on June 30, 2026Every SouthState Bank, National Association office → Website on file with the FDIC: www.southstatebank.com
If you still have something from First State Bank of McKinney
A lien that was never released
First State Bank of McKinney failed on Aug 17, 1989. 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 SouthState Bank, 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, First Bank). Start with SouthState Bank, National Association, and ask them to search under the name First State Bank of McKinney.
This failure is older than the current federal rule on unclaimed deposits (mid-1993), so different rules apply. Search FDIC unclaimed funds search, search the unclaimed-property program of the state of the owner's last known address on the bank's records, and ask FDIC Resolution Inquiries at 888-206-4662 what applies to this institution.
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 SouthState Bank, 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.
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 ▾
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 20297 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.