CY-FAIR BANK, N.A. Failed 1988
What happened
CY-FAIR BANK, N.A. of HARRIS COUNTY, TX was closed on 1988-04-14. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to CHARTER NB WILLOWBROOK (HARRIS COUNTY, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1667
- FDIC Certificate
- 24765
- FDIC FIN
- 5936
- Bank name
- CY-FAIR BANK, N.A.
- Location
- HARRIS COUNTY, TX
- Failure date
- 1988-04-14
- FDIC resolution date
- 1988-04-14
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $5M
- Deposits at failure
- $14M
- Assets at failure
- $14M
- Acquiring bank
- CHARTER NB WILLOWBROOK (HARRIS COUNTY, TX)