Bank failure · TX
Fallbrook National Bank (Houston, TX) — failed July 20, 1989
Fallbrook National Bank of Houston, Texas was closed on July 20, 1989 and resolved through a insured deposit transfer. Charter National Bank - Col (TX) took over its insured deposits. At failure it held $36.0M in assets and $35.6M in deposits. The FDIC's estimated loss on the failure is $12.2M (33.8% of assets).
- Closing date
- July 20, 1989
- FDIC certificate #
- 25854
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Charter National Bank - Col
- Insurance fund
- FDIC
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