WESTERN NATIONAL BANK Failed 1990
What happened
WESTERN NATIONAL BANK of FORT WORTH, TX was closed on 1990-09-13. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to CENTRAL BANK AND TRUST (FORT WORTH, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2898
- FDIC Certificate
- 24295
- FDIC FIN
- 4272
- Bank name
- WESTERN NATIONAL BANK
- Location
- FORT WORTH, TX
- Failure date
- 1990-09-13
- FDIC resolution date
- 1990-09-13
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $9M
- Deposits at failure
- $35M
- Assets at failure
- $34M
- Acquiring bank
- CENTRAL BANK AND TRUST (FORT WORTH, TX)
Other banks CENTRAL BANK AND TRUST acquired in FDIC resolutions