Bank failure · TX
Western National Bank (Fort Worth, TX) — failed September 13, 1990
Western National Bank of Fort Worth, Texas was closed on September 13, 1990 and resolved through a purchase and assumption. Central Bank and Trust (TX) took over its insured deposits. At failure it held $34.0M in assets and $35.2M in deposits. The FDIC's estimated loss on the failure is $8.8M (25.9% of assets).
- Closing date
- September 13, 1990
- FDIC certificate #
- 24295
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Central Bank and Trust
- Insurance fund
- BIF
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