CHISHOLM NATIONAL BANK Failed 1990
What happened
CHISHOLM NATIONAL BANK of PLANO, TX was closed on 1990-08-30. 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
- 2887
- FDIC Certificate
- 26776
- FDIC FIN
- 4266
- Bank name
- CHISHOLM NATIONAL BANK
- Location
- PLANO, TX
- Failure date
- 1990-08-30
- FDIC resolution date
- 1990-08-30
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $4M
- Deposits at failure
- $21M
- Assets at failure
- $21M
- Acquiring bank
- COMERICA BANK-TEXAS (DALLAS, TX)
Other banks COMERICA BANK-TEXAS acquired in FDIC resolutions