FIRST CITY, TEXAS - CORPUS CHRISTI Failed 1988
What happened
FIRST CITY, TEXAS - CORPUS CHRISTI of CORPUS CHRISTI, TX was closed on 1988-04-20. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to FIRST CITY, TEXAS - CORPUS (CORPUS CHRISTI, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1715
- FDIC Certificate
- 21190
- FDIC FIN
- 1941
- Bank name
- FIRST CITY, TEXAS - CORPUS CHRISTI
- Location
- CORPUS CHRISTI, TX
- Failure date
- 1988-04-20
- FDIC resolution date
- 1988-04-20
- Charter type
- State commercial bank, Federal Reserve member
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $6M
- Deposits at failure
- $312M
- Assets at failure
- $442M
- Acquiring bank
- FIRST CITY, TEXAS - CORPUS (CORPUS CHRISTI, TX)