RIVER PLAZA NATIONAL BANK Failed 1988
What happened
RIVER PLAZA NATIONAL BANK of FORTH WORTH, TX was closed on 1988-06-02. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to TARRANT BANK (FORT WORTH, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1767
- FDIC Certificate
- 24069
- FDIC FIN
- 2826
- Bank name
- RIVER PLAZA NATIONAL BANK
- Location
- FORTH WORTH, TX
- Failure date
- 1988-06-02
- FDIC resolution date
- 1988-06-02
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $17M
- Deposits at failure
- $44M
- Assets at failure
- $42M
- Acquiring bank
- TARRANT BANK (FORT WORTH, TX)
Other banks TARRANT BANK acquired in FDIC resolutions