# FIRST NATIONAL BANK OF GRAND SALINE

> **Failed bank** · GRAND SALINE, TX · failed 1990-05-10 · National commercial bank (OCC-chartered) · FDIC cost $6M

## What happened

FIRST NATIONAL BANK OF GRAND SALINE of GRAND SALINE, TX was closed by the OCC on **1990-05-10**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 2756
- **FDIC Certificate:** 16108
- **FDIC FIN:** 4197
- **Bank name:** FIRST NATIONAL BANK OF GRAND SALINE
- **Location:** GRAND SALINE, TX
- **Failure date:** 1990-05-10
- **FDIC resolution date:** 1990-05-10
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $6M
- **Deposits at failure:** $29M
- **Assets at failure:** $29M
- **Acquiring bank:** TEXAS NATIONAL BANK (LONGVIEW, TX)

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

- EAST TEXAS BK & TR CO. (LONGVIEW, TX) — failed 1984-06-29 — /failed-bank/894

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST NATIONAL BANK OF GRAND SALINE (FDIC ID 2756), failed 1990-05-10. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/2756.

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