Bank failure · TX

Fidelity National Bank of Fort Worth (Fort Worth, TX) — failed October 6, 1988

Fidelity National Bank of Fort Worth of Fort Worth, Texas was closed on October 6, 1988 and resolved through a purchase and assumption. Fidelity Bank (TX) took over its insured deposits. At failure it held $33.8M in assets and $32.5M in deposits. The FDIC's estimated loss on the failure is $10.6M (31.2% of assets).