FIRST CITY, TEXAS - DALLAS Failed 1988

DALLAS, TX · State commercial bank, Federal Reserve member · view on FDIC BankFind ↗

What happened

FIRST CITY, TEXAS - DALLAS of DALLAS, TX was closed on 1988-04-20. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to FIRST CITY, TEXAS - DALLAS (DALLAS, TX). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1673
FDIC Certificate
1722
FDIC FIN
1941
Bank name
FIRST CITY, TEXAS - DALLAS
Location
DALLAS, TX
Failure date
1988-04-20
FDIC resolution date
1988-04-20
Charter type
State commercial bank, Federal Reserve member
Resolution type
A/A
FDIC DIF cost (est.)
$79M
Deposits at failure
$489M
Assets at failure
$590M
Acquiring bank
FIRST CITY, TEXAS - DALLAS (DALLAS, TX)