CAPITAL NATIONAL BANK Failed 1988

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

What happened

CAPITAL NATIONAL BANK of FORT WORTH, TX was closed on 1988-09-15. The FDIC was named receiver.

Resolution: Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to CENTRAL BANK&TRUST (FORT WORTH, TX). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1924
FDIC Certificate
24977
FDIC FIN
5946
Bank name
CAPITAL NATIONAL BANK
Location
FORT WORTH, TX
Failure date
1988-09-15
FDIC resolution date
1988-09-15
Charter type
National commercial bank (OCC-chartered)
Resolution type
Insured Deposit Transfer — insured deposits transferred to another bank
FDIC DIF cost (est.)
$7M
Deposits at failure
$26M
Assets at failure
$24M
Acquiring bank
CENTRAL BANK&TRUST (FORT WORTH, TX)

Other banks CENTRAL BANK&TRUST acquired in FDIC resolutions