Bank failure · TX
Plaza Del Oro National Bank (Houston, TX) — failed January 11, 1990
Plaza Del Oro National Bank of Houston, Texas was closed on January 11, 1990 and resolved through a purchase and assumption. National Commerce Bank (TX) took over its insured deposits. At failure it held $15.7M in assets and $15.8M in deposits. The FDIC's estimated loss on the failure is $1.5M (9.6% of assets).
- Closing date
- January 11, 1990
- FDIC certificate #
- 26252
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- National Commerce Bank
- Insurance fund
- BIF
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