FIRST CITY, TEXAS - SAN ANGELO Failed 1988
What happened
FIRST CITY, TEXAS - SAN ANGELO of SAN ANGELO, TX was closed on 1988-04-20. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to FIRST CITY, TEXAS - SAN ANG (SAN ANGELO, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1682
- FDIC Certificate
- 5506
- FDIC FIN
- 1941
- Bank name
- FIRST CITY, TEXAS - SAN ANGELO
- Location
- SAN ANGELO, TX
- Failure date
- 1988-04-20
- FDIC resolution date
- 1988-04-20
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $1M
- Deposits at failure
- $131M
- Assets at failure
- $139M
- Acquiring bank
- FIRST CITY, TEXAS - SAN ANG (SAN ANGELO, TX)