Bank failure · TX
Great Western National Bank (Lewisville, TX) — failed September 27, 1990
Great Western National Bank of Lewisville, Texas was closed on September 27, 1990 and resolved through a purchase and assumption. First Western National Bank (TX) took over its insured deposits. At failure it held $13.4M in assets and $13.3M in deposits. The FDIC's estimated loss on the failure is $1.6M (11.9% of assets).
- Closing date
- September 27, 1990
- FDIC certificate #
- 27042
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- First Western National Bank
- Insurance fund
- BIF
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