TEXAS NATIONAL BANK Failed 1990

EL PASO, TX · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

TEXAS NATIONAL BANK of EL PASO, TX was closed on 1990-06-07. The FDIC was named receiver.

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

Deposits were transferred to TEXAS COMMERCE BANK - EL PA (EL PASO, TX). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2803
FDIC Certificate
24724
FDIC FIN
4223
Bank name
TEXAS NATIONAL BANK
Location
EL PASO, TX
Failure date
1990-06-07
FDIC resolution date
1990-06-07
Charter type
National commercial bank (OCC-chartered)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$6M
Deposits at failure
$132M
Assets at failure
$132M
Acquiring bank
TEXAS COMMERCE BANK - EL PA (EL PASO, TX)