Bank failure · TX
Metropolitan National Bank (San Antonio, TX) — failed January 31, 1989
Metropolitan National Bank of San Antonio, Texas was closed on January 31, 1989 and resolved through a a/a. Texas Bank. N.A. (TX) took over its insured deposits. At failure it held $4.4M in assets and $6.4M in deposits. The FDIC's estimated loss on the failure is $2.3M (51.7% of assets).
- Closing date
- January 31, 1989
- FDIC certificate #
- 24562
- Resolution
- A/A (assistance)
- Acquiring institution
- Texas Bank. N.A.
- Insurance fund
- FDIC
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