Bank failure · TX
City National Bank of Irving (Irving, TX) — failed September 20, 1990
City National Bank of Irving of Irving, Texas was closed on September 20, 1990 and resolved through a purchase and assumption. Comerica Bank-Texas (TX) took over its insured deposits. At failure it held $32.1M in assets and $33.8M in deposits. The FDIC's estimated loss on the failure is $5.8M (18.0% of assets).
- Closing date
- September 20, 1990
- FDIC certificate #
- 26654
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Comerica Bank-Texas
- Insurance fund
- BIF
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