# NORTHWAY NATIONAL BANK

> **Failed bank** · DALLAS, TX · failed 1990-02-15 · National commercial bank (OCC-chartered) · FDIC cost $8M

## What happened

NORTHWAY NATIONAL BANK of DALLAS, TX was closed by the OCC on **1990-02-15**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 2654
- **FDIC Certificate:** 23452
- **FDIC FIN:** 4152
- **Bank name:** NORTHWAY NATIONAL BANK
- **Location:** DALLAS, TX
- **Failure date:** 1990-02-15
- **FDIC resolution date:** 1990-02-15
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $8M
- **Deposits at failure:** $24M
- **Assets at failure:** $19M
- **Acquiring bank:** CITY NATIONAL BANK OF CARRO (CARROLLTON, TX)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, NORTHWAY NATIONAL BANK (FDIC ID 2654), failed 1990-02-15. Retrieved via AI Analytics 2026-07-19 from https://api.ai-analytics.org/failed-bank/2654.

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