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Bank failure · TX

First City, Texas - El Paso, NA (El Paso, TX) — failed October 30, 1992

First City, Texas - El Paso, NA of El Paso, Texas was closed on October 30, 1992 and resolved through a purchase and assumption. Sunwest Bank of El Paso (TX) took over its insured deposits. At failure it held $395.9M in assets and $367.3M in deposits.

Closing date
October 30, 1992
FDIC certificate #
16560
Resolution
Purchase and assumption (failure)
Acquiring institution
Sunwest Bank of El Paso
Insurance fund
BIF

Other failures in 1992

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