RICHARDSON NATIONAL BANK Failed 1990
What happened
RICHARDSON NATIONAL BANK of RICHARDSON, TX was closed on 1990-05-03. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to COMERICA BANK - TEXAS (DALLAS, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2746
- FDIC Certificate
- 21812
- FDIC FIN
- 4193
- Bank name
- RICHARDSON NATIONAL BANK
- Location
- RICHARDSON, TX
- Failure date
- 1990-05-03
- FDIC resolution date
- 1990-05-03
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $12M
- Deposits at failure
- $59M
- Assets at failure
- $50M
- Acquiring bank
- COMERICA BANK - TEXAS (DALLAS, TX)
Other banks COMERICA BANK - TEXAS acquired in FDIC resolutions