# BRIGHT BANC

> **Failed bank** · DALLAS, TX · failed 1989-02-10 · SL · FDIC cost $1,308M

## What happened

BRIGHT BANC of DALLAS, TX was closed by state regulators on **1989-02-10**. The FDIC was named receiver.

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

Deposits were transferred to **BANC ONE FSB** (COLUMBUS, OH). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2096
- **FDIC Certificate:** 31095
- **FDIC FIN:** 6952
- **Bank name:** BRIGHT BANC
- **Location:** DALLAS, TX
- **Failure date:** 1989-02-10
- **FDIC resolution date:** 1990-02-02
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $1,308M
- **Deposits at failure:** $3,004M
- **Assets at failure:** $4,388M
- **Acquiring bank:** BANC ONE FSB (COLUMBUS, OH)

## Other banks BANC ONE FSB has acquired in FDIC resolutions

- MERCHANTS & MECHANICS FSB (SPRINGFIELD, OH) — failed 1991-08-23 — /failed-bank/3169

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BRIGHT BANC (FDIC ID 2096), failed 1989-02-10. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/failed-bank/2096.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*