Data / Bank failures / 1993 / City National Bank of Washington
City National Bank of Washington, Washington, DC: failed June 25, 1993
City National Bank of Washington in Washington, District of Columbia, failed on June 25, 1993. Crestar Bank National As of Washington, DC, took over its deposits. It held $24 million in assets and $22.7 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $1 million (4.3% of its assets). By assets it was the 39th largest of 50 banks closed or assisted in 1993.
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The FDIC's record
- Closed
- June 25, 1993
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Crestar Bank National As, Washington, DC
- Total assets
- $23,984,000
- Total deposits
- $22,716,000
- Estimated cost to the FDIC
- $1,023,489 (estimate as of July 31, 2026)
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- BIF
- FDIC certificate
- 27307
Other bank failures in District of Columbia, 1991 to 1995
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Metropolitan Bank, N.A. | Washington | May 1, 1992 | $27.1 million | $27.1 million | $2.2 million | Adams National Bank |
| Theodore Roosevelt National Bank | Washington | March 26, 1992 | $13.8 million | $13.6 million | $3.4 million | Industrial Bank of Wa |
| Madison National Bank | Washington | May 10, 1991 | $473.8 million | $404.2 million | $77.8 million | Signet Bank, National Assoc |
All bank failures in 1993 · All bank failures in District of Columbia · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.