TellerScore

Bank failure · TX

First City, Texas - Valley View (Dallas, TX) — failed April 20, 1988

First City, Texas - Valley View of Dallas, Texas was closed on April 20, 1988 and resolved through a a/a. First City, Texas - Valley (TX) took over its insured deposits. At failure it held $142.6M in assets and $132.8M in deposits. The FDIC's estimated loss on the failure is $4.6M (3.3% of assets).

Closing date
April 20, 1988
FDIC certificate #
20411
Resolution
A/A (assistance)
Acquiring institution
First City, Texas - Valley
Insurance fund
FDIC

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