CROSSROADS BANK Failed 1987
What happened
CROSSROADS BANK of VICTORIA, TX was closed on 1987-12-03. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to CROSSROADS BANK (VICTORIA, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1569
- FDIC Certificate
- 18844
- FDIC FIN
- 1944
- Bank name
- CROSSROADS BANK
- Location
- VICTORIA, TX
- Failure date
- 1987-12-03
- FDIC resolution date
- 1987-12-03
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $1M
- Deposits at failure
- $25M
- Assets at failure
- $25M
- Acquiring bank
- CROSSROADS BANK (VICTORIA, TX)