PETROBANK, N.A. Failed 1986

HOUSTON, TX · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

PETROBANK, N.A. of HOUSTON, TX was closed on 1986-06-12. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1210
FDIC Certificate
24296
FDIC FIN
5702
Bank name
PETROBANK, N.A.
Location
HOUSTON, TX
Failure date
1986-06-12
FDIC resolution date
1986-06-12
Charter type
National commercial bank (OCC-chartered)
Resolution type
PO
FDIC DIF cost (est.)
$13M
Deposits at failure
$35M
Assets at failure
$35M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions