Bank failure · TX

Round Rock National Bank (Round Rock, TX) — failed October 27, 1988

Round Rock National Bank of Round Rock, Texas was closed on October 27, 1988 and resolved through a insured deposit transfer. First State Bank (TX) took over its insured deposits. At failure it held $37.0M in assets and $37.1M in deposits. The FDIC's estimated loss on the failure is $20.0M (53.9% of assets).