FIRST NATIONAL BANK OF IRVING Failed 1986
What happened
FIRST NATIONAL BANK OF IRVING of IRVING, TX was closed on 1986-04-24. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to CITY NATIONAL BANK OF IR (IRVING, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1186
- FDIC Certificate
- 18534
- FDIC FIN
- 2552
- Bank name
- FIRST NATIONAL BANK OF IRVING
- Location
- IRVING, TX
- Failure date
- 1986-04-24
- FDIC resolution date
- 1986-04-24
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $5M
- Deposits at failure
- $38M
- Assets at failure
- $38M
- Acquiring bank
- CITY NATIONAL BANK OF IR (IRVING, TX)