FIRST CITY, TEXAS - NORTHWEST HILLS Failed 1988

AUSTIN, TX · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

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

Resolution: A/A

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

Key facts

FDIC ID
1730
FDIC Certificate
24759
FDIC FIN
1941
Bank name
FIRST CITY, TEXAS - NORTHWEST HILLS
Location
AUSTIN, TX
Failure date
1988-04-20
FDIC resolution date
1988-04-20
Charter type
National commercial bank (OCC-chartered)
Resolution type
A/A
FDIC DIF cost (est.)
$2M
Deposits at failure
$51M
Assets at failure
$53M
Acquiring bank
FIRST CITY, TEXAS - NORTHWE (AUSTIN, TX)