TASCOSA NATIONAL BANK OF AMARILLO Failed 1991
What happened
TASCOSA NATIONAL BANK OF AMARILLO of AMARILLO, TX was closed on 1991-06-13. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to TEAM BANK (FT. WORTH, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3126
- FDIC Certificate
- 19012
- FDIC FIN
- 4367
- Bank name
- TASCOSA NATIONAL BANK OF AMARILLO
- Location
- AMARILLO, TX
- Failure date
- 1991-06-13
- FDIC resolution date
- 1991-06-13
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $12M
- Deposits at failure
- $75M
- Assets at failure
- $74M
- Acquiring bank
- TEAM BANK (FT. WORTH, TX)
Other banks TEAM BANK acquired in FDIC resolutions