Bank failure · TX
Bank of Arlington (Arlington, TX) — failed November 29, 1990
Bank of Arlington of Arlington, Texas was closed on November 29, 1990 and resolved through a purchase and assumption. Bank One, Texas, National a (TX) took over its insured deposits. At failure it held $63.6M in assets and $59.8M in deposits. The FDIC's estimated loss on the failure is $5.1M (8.0% of assets).
- Closing date
- November 29, 1990
- FDIC certificate #
- 18851
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Bank One, Texas, National a
- Insurance fund
- BIF
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