Bank failure · TX

First City, Texas - Grand Prairie (Grand Prairie, TX) — failed April 20, 1988

First City, Texas - Grand Prairie of Grand Prairie, Texas was closed on April 20, 1988 and resolved through a a/a. First City, Texas - Grand P (TX) took over its insured deposits. At failure it held $79.3M in assets and $74.3M in deposits. The FDIC's estimated loss on the failure is $141K (0.2% of assets).