EDEN STATE BANK Failed 1986
What happened
EDEN STATE BANK of EDEN, TX was closed on 1986-07-31. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to EDEN STATE BANK (EDEN, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1243
- FDIC Certificate
- 1186
- FDIC FIN
- 2583
- Bank name
- EDEN STATE BANK
- Location
- EDEN, TX
- Failure date
- 1986-07-31
- FDIC resolution date
- 1986-07-31
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $3M
- Deposits at failure
- $13M
- Assets at failure
- $13M
- Acquiring bank
- EDEN STATE BANK (EDEN, TX)