Bank failure · TX
Chisholm National Bank (Plano, TX) — failed August 30, 1990
Chisholm National Bank of Plano, Texas was closed on August 30, 1990 and resolved through a purchase and assumption. Comerica Bank-Texas (TX) took over its insured deposits. At failure it held $20.9M in assets and $21.2M in deposits. The FDIC's estimated loss on the failure is $3.9M (18.8% of assets).
- Closing date
- August 30, 1990
- FDIC certificate #
- 26776
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Comerica Bank-Texas
- Insurance fund
- BIF
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