Bank failure · TX
Western Bank (Duncanville, TX) — failed November 15, 1990
Western Bank of Duncanville, Texas was closed on November 15, 1990 and resolved through a purchase and assumption. Western Bank & Trust (TX) took over its insured deposits. At failure it held $39.8M in assets and $39.6M in deposits. The FDIC's estimated loss on the failure is $5.9M (14.8% of assets).
- Closing date
- November 15, 1990
- FDIC certificate #
- 21518
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Western Bank & Trust
- Insurance fund
- BIF
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