TellerScore

Bank failure · TX

Everman National Bank of Fort Worth (Fort Worth, TX) — failed March 30, 1990

Everman National Bank of Fort Worth of Fort Worth, Texas was closed on March 30, 1990 and resolved through a purchase and assumption. Bank One, Texas, National a (TX) took over its insured deposits. At failure it held $65.9M in assets and $65.5M in deposits. The FDIC's estimated loss on the failure is $11.4M (17.4% of assets).

Closing date
March 30, 1990
FDIC certificate #
18840
Resolution
Purchase and assumption (failure)
Acquiring institution
Bank One, Texas, National a
Insurance fund
BIF

Other failures in 1990

What happens when a bank fails