# PARK CENTRAL BANK, NATIONAL ASSOC

> **Failed bank** · FORT WORTH, TX · failed 1989-08-24 · National commercial bank (OCC-chartered) · FDIC cost $5M

## What happened

PARK CENTRAL BANK, NATIONAL ASSOC of FORT WORTH, TX was closed by the OCC on **1989-08-24**. The FDIC was named receiver.

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

Deposits were transferred to **COLONIAL NATIONAL BANK** (FORT WORTH, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2496
- **FDIC Certificate:** 26319
- **FDIC FIN:** 5983
- **Bank name:** PARK CENTRAL BANK, NATIONAL ASSOC
- **Location:** FORT WORTH, TX
- **Failure date:** 1989-08-24
- **FDIC resolution date:** 1989-08-24
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $5M
- **Deposits at failure:** $15M
- **Assets at failure:** $12M
- **Acquiring bank:** COLONIAL NATIONAL BANK (FORT WORTH, TX)

## Other banks COLONIAL NATIONAL BANK has acquired in FDIC resolutions

- ROCKY MOUNTAIN NATIONAL BANK (DENVER, CO) — failed 1990-05-31 — /failed-bank/2785
- ENTERPRISE NATIONAL BANK (ENGLEWOOD, CO) — failed 1988-12-01 — /failed-bank/1989

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=PARK%20CENTRAL%20BANK%2C%20NATIONAL%20ASSOC

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, PARK CENTRAL BANK, NATIONAL ASSOC (FDIC ID 2496), failed 1989-08-24. Retrieved via AI Analytics 2026-06-30 from https://api.ai-analytics.org/failed-bank/2496.

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