PARK WEST BANK, N.A. Failed 1985
What happened
PARK WEST BANK, N.A. of FARMERS BRANCH, TX was closed on 1985-08-15. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to PARK WEST STATE BANK (FARMERS BRANCH, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1051
- FDIC Certificate
- 24761
- FDIC FIN
- 5601
- Bank name
- PARK WEST BANK, N.A.
- Location
- FARMERS BRANCH, TX
- Failure date
- 1985-08-15
- FDIC resolution date
- 1985-08-15
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $5M
- Deposits at failure
- $18M
- Assets at failure
- $21M
- Acquiring bank
- PARK WEST STATE BANK (FARMERS BRANCH, TX)