About: Amresco

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Amresco was the new name given to "Financial Resource Management, Inc.", a subsidiary of the NCNB Texas National Bank in 1992. The subsidiary was created by North Carolina National Bank in 1990 to hold and service the $11 billion portfolio of the failed Dallas-based "First Republic Bank Corporation" that North Carolina National Bank acquired in 1988 from the Federal Deposit Insurance Corporation. Prior to the creation of this subsidiary, the activities for which FRMI/Amresco was responsible were conducted in the North Carolina National Bank's name.

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  • Amresco was the new name given to "Financial Resource Management, Inc.", a subsidiary of the NCNB Texas National Bank in 1992. The subsidiary was created by North Carolina National Bank in 1990 to hold and service the $11 billion portfolio of the failed Dallas-based "First Republic Bank Corporation" that North Carolina National Bank acquired in 1988 from the Federal Deposit Insurance Corporation. Prior to the creation of this subsidiary, the activities for which FRMI/Amresco was responsible were conducted in the North Carolina National Bank's name. (en)
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  • Amresco was the new name given to "Financial Resource Management, Inc.", a subsidiary of the NCNB Texas National Bank in 1992. The subsidiary was created by North Carolina National Bank in 1990 to hold and service the $11 billion portfolio of the failed Dallas-based "First Republic Bank Corporation" that North Carolina National Bank acquired in 1988 from the Federal Deposit Insurance Corporation. Prior to the creation of this subsidiary, the activities for which FRMI/Amresco was responsible were conducted in the North Carolina National Bank's name. (en)
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  • Amresco (en)
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