Bank failure · TX
Richardson National Bank (Richardson, TX) — failed May 3, 1990
Richardson National Bank of Richardson, Texas was closed on May 3, 1990 and resolved through a purchase and assumption. Comerica Bank - Texas (TX) took over its insured deposits. At failure it held $50.5M in assets and $59.1M in deposits. The FDIC's estimated loss on the failure is $12.4M (24.6% of assets).
- Closing date
- May 3, 1990
- FDIC certificate #
- 21812
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Comerica Bank - Texas
- Insurance fund
- BIF
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