# TRI-CITIES BANK & TRUST

> **Failed bank** · GLENN HEIGHTS, TX · failed 1988-06-23 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $4M

## What happened

TRI-CITIES BANK & TRUST of GLENN HEIGHTS, TX was closed by regulators on **1988-06-23**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **ABRAMS CENTRE NATIONAL B** (DALLAS, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1781
- **FDIC Certificate:** 26356
- **FDIC FIN:** 2833
- **Bank name:** TRI-CITIES BANK & TRUST
- **Location:** GLENN HEIGHTS, TX
- **Failure date:** 1988-06-23
- **FDIC resolution date:** 1988-06-23
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $10M
- **Assets at failure:** $9M
- **Acquiring bank:** ABRAMS CENTRE NATIONAL B (DALLAS, TX)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=TRI-CITIES%20BANK%20%26%20TRUST

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, TRI-CITIES BANK & TRUST (FDIC ID 1781), failed 1988-06-23. Retrieved via AI Analytics 2026-07-09 from https://api.ai-analytics.org/failed-bank/1781.

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