Bank failure · TX
Heritage National Bank (Richardson, TX) — failed September 25, 1986
Heritage National Bank of Richardson, Texas was closed on September 25, 1986 and resolved through a purchase and assumption. Brookhollow National Ban (TX) took over its insured deposits. At failure it held $33.1M in assets and $30.0M in deposits. The FDIC's estimated loss on the failure is $14.1M (42.7% of assets).
- Closing date
- September 25, 1986
- FDIC certificate #
- 23738
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Brookhollow National Ban
- Insurance fund
- FDIC
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