Bank failure · TX
Crown Bank, National Association (San Antonio, TX) — failed March 29, 1990
Crown Bank, National Association of San Antonio, Texas was closed on March 29, 1990 and resolved through a purchase and assumption. First City,texas-San Antoni (TX) took over its insured deposits. At failure it held $22.8M in assets and $21.9M in deposits. The FDIC's estimated loss on the failure is $3.2M (14.1% of assets).
- Closing date
- March 29, 1990
- FDIC certificate #
- 26648
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- First City,texas-San Antoni
- Insurance fund
- BIF
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