Bank failure · TX
Banctexas McKinney, N.A. (McKinney, TX) — failed July 17, 1987
Banctexas McKinney, N.A. of McKinney, Texas was closed on July 17, 1987 and resolved through a a/a. Banctexas McKinney, N.A. (TX) took over its insured deposits. At failure it held $121.5M in assets and $119.9M in deposits. The FDIC's estimated loss on the failure is $23.5M (19.3% of assets).
- Closing date
- July 17, 1987
- FDIC certificate #
- 14618
- Resolution
- A/A (assistance)
- Acquiring institution
- Banctexas McKinney, N.A.
- Insurance fund
- FDIC
- Pre-failure filings
- Last reported financials
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