Bank failure · TX
Sunbelt National Bank (Dallas, TX) — failed February 5, 1987
Sunbelt National Bank of Dallas, Texas was closed on February 5, 1987 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $11.4M in assets and $11.8M in deposits. The FDIC's estimated loss on the failure is $5.0M (44.4% of assets).
- Closing date
- February 5, 1987
- FDIC certificate #
- 24709
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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