TRINITY NATIONAL BANK Failed 1988

What happened

TRINITY NATIONAL BANK of SAN ANTONIO, TX was closed on 1988-09-15. The FDIC was named receiver.

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

Deposits were transferred to FIRST NB OF RIO GRANDE C (RIO GRANDE CITY, TX). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID

1923

FDIC Certificate

24762

FDIC FIN

2918

Bank name

TRINITY NATIONAL BANK

Location

SAN ANTONIO, TX

Failure date

1988-09-15

FDIC resolution date

1988-09-15

Charter type

National commercial bank (OCC-chartered)

Resolution type

Purchase & Assumption — acquiring bank assumed deposits + bought assets

FDIC DIF cost (est.)

$11M

Deposits at failure

$34M

Assets at failure

$33M

Acquiring bank

FIRST NB OF RIO GRANDE C (RIO GRANDE CITY, TX)