Bank failure · TX
Northpark Savings Association (Richardson, TX) — failed December 1, 1988
Northpark Savings Association of Richardson, Texas was closed on December 1, 1988 and resolved through a a/a. Consolidated S&la (TX) took over its insured deposits. At failure it held $126.6M in assets and $163.8M in deposits. The FDIC's estimated loss on the failure is $163.2M (128.9% of assets).
- Closing date
- December 1, 1988
- FDIC certificate #
- 31752
- Resolution
- A/A (assistance)
- Acquiring institution
- Consolidated S&la
- Insurance fund
- FSLIC
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