Failed Bank Information for The Enloe State Bank, Cooper, TX

About Legend Bank, N.A.

The insured balance of all deposit accounts have been transferred to Legend Bank, N.A., Bowie, TX ("assuming institution") and will be available immediately. The former The Enloe State Bank location will reopen as a branch of Legend Bank, N.A. during regular business hours.

Your transferred deposits will be separately insured from any accounts you may already have at Legend Bank, N.A. for at least six months after the failure of The Enloe State Bank. Checks that were drawn on The Enloe State Bank that did not clear before the institution closed will be honored as long as there are sufficient funds in the account.

Principal and interest on insured accounts, through Friday, May 31, 2019, are fully insured by the FDIC, up to the insurance limit of $250,000. Legend Bank, N.A. will be reviewing rates. You will be notified of any changes. You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with Legend Bank, N.A. as long as the deposits are not pledged as collateral for loans. Certain entitlements and different types of accounts can be insured for more than the $250,000 limit. IRA funds are insured separately from other types of accounts, up to a $250,000 limit.

Contacting Legend Bank, N.A.

You can contact Legend Bank, N.A.:

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

Legend Bank, N.A. (www.legend-bank.com)

Transaction Documentation

Purchase & Assumption Agreement - PDF
Agreement between FDIC and the acquiring institution

Bid Summary
Report on the bids to purchase the failed bank

Automatic Payments/Bill Pay/Online Banking

These services will continue as usual. Your routing number and account number will remain the same until you are notified in writing by Legend Bank, N.A.

ATM and Debit Cards

Your ATM/Debit card will continue to work as usual.

Checks

Your checks will be processed as usual. All outstanding checks will be paid against your available insured balance(s). Legend Bank, N.A. will contact you soon regarding any changes in the terms of your account. If you have a problem with a merchant refusing to accept your check, please contact your branch office.

Direct Deposit

All direct deposits, for example, social security checks, payroll, veterans' benefits, disability, unemployment or any payment you receive electronically will continue as usual.

Overdraft Lines of Credit

These lines have been transferred to Legend Bank, N.A. Please contact Legend Bank, N.A. if you have additional questions regarding your accounts.

Safe Deposit Boxes

You may continue to access your safe deposit box during normal business hours. Any changes will be communicated by Legend Bank, N.A.

Uninsured Depositors

Accounts exceeding $250,000 and/or all interest bearing accounts that appear to be related and exceed this limit are reviewed by the FDIC to determine their ownership and insurance coverage. If you think you might have uninsured deposits, you should call the FDIC Call Center to arrange for a telephone interview with a Claims Agent at 1-888-206-4662. The Claims Agent may direct you to download and submit a particular form that will assist in expediting the processing of your claim.

Creditors

If you or your company provided a service or product, leased space, furniture, or equipment to The Enloe State Bank prior to May 31, 2019 and have not been paid, you may have a claim against The Enloe State Bank.

All creditors having claims against The Enloe State Bank must submit their claims to the Receiver online or by mail:

Email:	NonDepClaimsDal@FDIC.gov
Mail:	FDIC as Receiver for The Enloe State Bank Attention: Claims Agent 1601 Bryan Street Dallas, TX 75201

Please note: There are time limits for filing a claim. Your claim must be filed on or before (the "Claims Bar Date").

Under federal law, failure to file a claim on or before the Claims Bar Date will result in disallowance of the claim by the Receiver. The disallowance will be final. 12 U.S.C. Section 1821(d)(5)(C).

NOTE TO CLASS CLAIMANTS: By law, the Receiver will not accept a claim filed on behalf of a proposed class of individuals or entities or a class of individuals or entities certified by a court. EACH individual or entity must file a separate claim with the Receiver.

Priority of Claims

In accordance with Federal law, allowed claims will be paid, after administrative expenses, in the following order of priority:

1. Depositors
2. General Unsecured Creditors
3. Subordinated Debt
4. Stockholders

Stockholders

All shares of The Enloe State Bank are owned by its holding company, Entex Bancshares, Inc., Cooper, TX. The holding company was not included in the closing of the bank or resulting receivership.

Contacting the Holding Company

If you are a stockholder, please do not contact or file a claim with the Receiver. You must contact the holding company directly:

Entex Bancshares, Inc.
45 Texas Highway 24
Cooper, TX 75432