TellerScore

Bank failure · TX

North Texas Fsa (Wichita Falls, TX) — failed July 13, 1990

North Texas Fsa of Wichita Falls, Texas was closed on July 13, 1990 and resolved through a insured deposit transfer. Team Bank (TX) took over its insured deposits. At failure it held $97.0M in assets and $95.9M in deposits. The FDIC's estimated loss on the failure is $8.2M (8.4% of assets).

Closing date
July 13, 1990
FDIC certificate #
28787
Resolution
Insured deposit transfer (failure)
Acquiring institution
Team Bank
Insurance fund
RTC

Other failures in 1990

What happens when a bank fails