# FIRST NATIONAL BANK OF ROWLETT

> **Failed bank** · ROWLETT, TX · failed 1990-12-07 · National commercial bank (OCC-chartered) · FDIC cost $7M

## What happened

FIRST NATIONAL BANK OF ROWLETT of ROWLETT, TX was closed by the OCC on **1990-12-07**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **U.S. TRUST COMPANY OF TEXAS** (ROWLETT, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2955
- **FDIC Certificate:** 24105
- **FDIC FIN:** 4298
- **Bank name:** FIRST NATIONAL BANK OF ROWLETT
- **Location:** ROWLETT, TX
- **Failure date:** 1990-12-07
- **FDIC resolution date:** 1990-12-07
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $7M
- **Deposits at failure:** $21M
- **Assets at failure:** $21M
- **Acquiring bank:** U.S. TRUST COMPANY OF TEXAS (ROWLETT, TX)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST NATIONAL BANK OF ROWLETT (FDIC ID 2955), failed 1990-12-07. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/2955.

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