# FIRST CITY, TEXAS - CENTRAL

> **Failed bank** · BEAUMONT, TX · failed 1988-04-20 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $0M

## What happened

FIRST CITY, TEXAS - CENTRAL of BEAUMONT, TX was closed by regulators on **1988-04-20**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **FIRST CITY, TEXAS - CENTRAL** (BEAUMONT, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1697
- **FDIC Certificate:** 18151
- **FDIC FIN:** 1941
- **Bank name:** FIRST CITY, TEXAS - CENTRAL
- **Location:** BEAUMONT, TX
- **Failure date:** 1988-04-20
- **FDIC resolution date:** 1988-04-20
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $65M
- **Assets at failure:** $70M
- **Acquiring bank:** FIRST CITY, TEXAS - CENTRAL (BEAUMONT, TX)

## Other banks FIRST CITY, TEXAS - CENTRAL has acquired in FDIC resolutions

- FIRST CITY, TEXAS - CENTRAL ARLINGTON (ARLINGTON, TX) — failed 1988-04-20 — /failed-bank/1719
- FIRST CITY, TEXAS - CENTRAL PARK (SAN ANTONIO, TX) — failed 1988-04-20 — /failed-bank/1704

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20CITY%2C%20TEXAS%20-%20CENTRAL

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST CITY, TEXAS - CENTRAL (FDIC ID 1697), failed 1988-04-20. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/1697.

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