Bank failure · TX
Park Cities Savings Association (Dallas, TX) — failed April 6, 1989
Park Cities Savings Association of Dallas, Texas was closed on April 6, 1989 and resolved through a insured deposit transfer. Comerica Bank-Tx (TX) took over its insured deposits. At failure it held $43.1M in assets and $37.0M in deposits. The FDIC's estimated loss on the failure is $17.0M (39.5% of assets).
- Closing date
- April 6, 1989
- FDIC certificate #
- 32279
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Comerica Bank-Tx
- Insurance fund
- RTC
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