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Bank failure · TX

Premier Bank, a National Association (Dallas, TX) — failed March 31, 1989

Premier Bank, a National Association of Dallas, Texas was closed on March 31, 1989 and resolved through a insured deposit transfer. Deposit Guaranty Bank (TX) took over its insured deposits. At failure it held $37.1M in assets and $35.6M in deposits. The FDIC's estimated loss on the failure is $16.4M (44.1% of assets).

Closing date
March 31, 1989
FDIC certificate #
25099
Resolution
Insured deposit transfer (failure)
Acquiring institution
Deposit Guaranty Bank
Insurance fund
FDIC

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