# PRAIRIE STATE BANK

> **Failed bank** · GRAND PRAIRIE, TX · failed 1989-09-14 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $3M

## What happened

PRAIRIE STATE BANK of GRAND PRAIRIE, TX was closed by regulators on **1989-09-14**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 2507
- **FDIC Certificate:** 26462
- **FDIC FIN:** 5990
- **Bank name:** PRAIRIE STATE BANK
- **Location:** GRAND PRAIRIE, TX
- **Failure date:** 1989-09-14
- **FDIC resolution date:** 1989-09-14
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $17M
- **Assets at failure:** $16M
- **Acquiring bank:** BEDFORD NATIONAL BANK (BEDFORD, TX)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, PRAIRIE STATE BANK (FDIC ID 2507), failed 1989-09-14. Retrieved via AI Analytics 2026-05-31 from https://api.ai-analytics.org/failed-bank/2507.

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