PARK CITIES SAVINGS ASSOCIATION Failed 1989
What happened
PARK CITIES SAVINGS ASSOCIATION of DALLAS, TX was closed on 1989-04-06. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to COMERICA BANK-TX (DALLAS, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2348
- FDIC Certificate
- 32279
- FDIC FIN
- 6903
- Bank name
- PARK CITIES SAVINGS ASSOCIATION
- Location
- DALLAS, TX
- Failure date
- 1989-04-06
- FDIC resolution date
- 1989-08-10
- Charter type
- SL
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $17M
- Deposits at failure
- $37M
- Assets at failure
- $43M
- Acquiring bank
- COMERICA BANK-TX (DALLAS, TX)
Other banks COMERICA BANK-TX acquired in FDIC resolutions
- NOWLIN SA (FT. WORTH, TX) — failed 1990-02-23