# FIRST NATIONAL BANK OF KENNEDALE

> **Failed bank** · KENNEDALE, TX · failed 1990-09-13 · National commercial bank (OCC-chartered) · FDIC cost $7M

## What happened

FIRST NATIONAL BANK OF KENNEDALE of KENNEDALE, TX was closed by the OCC 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:** 2900
- **FDIC Certificate:** 26686
- **FDIC FIN:** 4270
- **Bank name:** FIRST NATIONAL BANK OF KENNEDALE
- **Location:** KENNEDALE, 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
- **Estimated FDIC DIF cost:** $7M
- **Deposits at failure:** $28M
- **Assets at failure:** $27M
- **Acquiring bank:** CENTRAL BANK AND TRUST (FORT WORTH, TX)

## Other banks CENTRAL BANK AND TRUST has acquired in FDIC resolutions

- WESTERN NATIONAL BANK (FORT WORTH, TX) — failed 1990-09-13 — /failed-bank/2898

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST NATIONAL BANK OF KENNEDALE (FDIC ID 2900), failed 1990-09-13. Retrieved via AI Analytics 2026-07-21 from https://api.ai-analytics.org/failed-bank/2900.

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