Bank failure · TX
Capital Bank-Northwest, National (San Antonio, TX) — failed June 15, 1989
Capital Bank-Northwest, National of San Antonio, Texas was closed on June 15, 1989 and resolved through a insured deposit transfer. McMullen County State Bank (TX) took over its insured deposits. At failure it held $16.0M in assets and $17.2M in deposits. The FDIC's estimated loss on the failure is $3.6M (22.4% of assets).
- Closing date
- June 15, 1989
- FDIC certificate #
- 25308
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- McMullen County State Bank
- Insurance fund
- FDIC
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