TellerScore

Bank failure · TX

First City, Texas - Market Center (Dallas, TX) — failed April 20, 1988

First City, Texas - Market Center of Dallas, Texas was closed on April 20, 1988 and resolved through a a/a. First City, Texas - Market (TX) took over its insured deposits. At failure it held $68.0M in assets and $64.1M in deposits. The FDIC's estimated loss on the failure is $5.7M (8.4% of assets).

Closing date
April 20, 1988
FDIC certificate #
19410
Resolution
A/A (assistance)
Acquiring institution
First City, Texas - Market
Insurance fund
FDIC

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