# SIGNATURE BANK, NATIONAL ASSOCIATION

> **Failed bank** · DALLAS, TX · failed 1990-04-26 · National commercial bank (OCC-chartered) · FDIC cost $2M

## What happened

SIGNATURE BANK, NATIONAL ASSOCIATION of DALLAS, TX was closed by the OCC on **1990-04-26**. The FDIC was named receiver.

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

Deposits were transferred to **COMPASS BANK-PLANO** (PLANO, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2742
- **FDIC Certificate:** 24666
- **FDIC FIN:** 4189
- **Bank name:** SIGNATURE BANK, NATIONAL ASSOCIATION
- **Location:** DALLAS, TX
- **Failure date:** 1990-04-26
- **FDIC resolution date:** 1990-04-26
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $2M
- **Deposits at failure:** $27M
- **Assets at failure:** $27M
- **Acquiring bank:** COMPASS BANK-PLANO (PLANO, TX)

## Other banks COMPASS BANK-PLANO has acquired in FDIC resolutions

- FIRST BANK OF PLANO (PLANO, TX) — failed 1990-08-30 — /failed-bank/2888

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SIGNATURE BANK, NATIONAL ASSOCIATION (FDIC ID 2742), failed 1990-04-26. Retrieved via AI Analytics 2026-07-16 from https://api.ai-analytics.org/failed-bank/2742.

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