# TEXAS NATIONAL BANK

> **Failed bank** · DALLAS, TX · failed 1988-12-15 · National commercial bank (OCC-chartered) · FDIC cost $18M

## What happened

TEXAS NATIONAL BANK of DALLAS, TX was closed by the OCC on **1988-12-15**. The FDIC was named receiver.

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

Deposits were transferred to **CORNERSTONE BANK NA** (DALLAS, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2005
- **FDIC Certificate:** 23777
- **FDIC FIN:** 2946
- **Bank name:** TEXAS NATIONAL BANK
- **Location:** DALLAS, TX
- **Failure date:** 1988-12-15
- **FDIC resolution date:** 1988-12-15
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $18M
- **Deposits at failure:** $47M
- **Assets at failure:** $38M
- **Acquiring bank:** CORNERSTONE BANK NA (DALLAS, TX)

## Other banks CORNERSTONE BANK NA has acquired in FDIC resolutions

- OAK LAWN BANK, N.A. (DALLAS, TX) — failed 1988-12-01 — /failed-bank/1988
- UNION BANK & TRUST OF DALLAS (DALLAS, TX) — failed 1988-05-05 — /failed-bank/1740

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=TEXAS%20NATIONAL%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, TEXAS NATIONAL BANK (FDIC ID 2005), failed 1988-12-15. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/2005.

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