# RED BIRD BANK OF DALLAS

> **Failed bank** · DALLAS, TX · failed 1992-04-09 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $11M

## What happened

RED BIRD BANK OF DALLAS of DALLAS, TX was closed by regulators on **1992-04-09**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **BANK OF THE SW OF DALLAS** (DALLAS, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3306
- **FDIC Certificate:** 20413
- **FDIC FIN:** 4473
- **Bank name:** RED BIRD BANK OF DALLAS
- **Location:** DALLAS, TX
- **Failure date:** 1992-04-09
- **FDIC resolution date:** 1992-04-09
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $11M
- **Deposits at failure:** $38M
- **Assets at failure:** $39M
- **Acquiring bank:** BANK OF THE SW OF DALLAS (DALLAS, TX)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=RED%20BIRD%20BANK%20OF%20DALLAS

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, RED BIRD BANK OF DALLAS (FDIC ID 3306), failed 1992-04-09. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3306.

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