NORTHPARK SAVINGS ASSOCIATION Failed 1988

RICHARDSON, TX · SL · view on FDIC BankFind ↗

What happened

NORTHPARK SAVINGS ASSOCIATION of RICHARDSON, TX was closed on 1988-12-01. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to CONSOLIDATED S&LA (DALLAS, TX). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1994
FDIC Certificate
31752
FDIC FIN
1810
Bank name
NORTHPARK SAVINGS ASSOCIATION
Location
RICHARDSON, TX
Failure date
1988-12-01
FDIC resolution date
1988-12-01
Charter type
SL
Resolution type
A/A
FDIC DIF cost (est.)
$163M
Deposits at failure
$164M
Assets at failure
$127M
Acquiring bank
CONSOLIDATED S&LA (DALLAS, TX)

Other banks CONSOLIDATED S&LA acquired in FDIC resolutions