# MIDWAY NATIONAL BANK

> **Failed bank** · DALLAS, TX · failed 1990-05-24 · National commercial bank (OCC-chartered) · FDIC cost $4M

## What happened

MIDWAY NATIONAL BANK of DALLAS, TX was closed by the OCC on **1990-05-24**. 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:** 2776
- **FDIC Certificate:** 25100
- **FDIC FIN:** 4206
- **Bank name:** MIDWAY NATIONAL BANK
- **Location:** DALLAS, TX
- **Failure date:** 1990-05-24
- **FDIC resolution date:** 1990-05-24
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $17M
- **Assets at failure:** $16M
- **Acquiring bank:** COMERICA BANK-TEXAS (DALLAS, TX)

## Other banks COMERICA BANK-TEXAS has acquired in FDIC resolutions

- METROPOLITAN NATIONAL BANK (FARMERS BRANCH, TX) — failed 1991-01-24 — /failed-bank/2996
- CITY NATIONAL BANK OF IRVING (IRVING, TX) — failed 1990-09-20 — /failed-bank/2906
- CHISHOLM NATIONAL BANK (PLANO, TX) — failed 1990-08-30 — /failed-bank/2887
- COMMONWEALTH NATIONAL BANK (DALLAS, TX) — failed 1990-05-10 — /failed-bank/2757
- FORESTWOOD NATIONAL BANK OF DALLAS (DALLAS, TX) — failed 1989-07-27 — /failed-bank/2453

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MIDWAY NATIONAL BANK (FDIC ID 2776), failed 1990-05-24. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/2776.

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