# FIRST CITY, TEXAS - CORPUS CHRISTI

> **Failed bank** · CORPUS CHRISTI, TX · failed 1988-04-20 · State commercial bank, Federal Reserve member · FDIC cost $6M

## What happened

FIRST CITY, TEXAS - CORPUS CHRISTI of CORPUS CHRISTI, TX was closed by state regulators 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
- **Estimated FDIC DIF cost:** $6M
- **Deposits at failure:** $312M
- **Assets at failure:** $442M
- **Acquiring bank:** FIRST CITY, TEXAS - CORPUS (CORPUS CHRISTI, TX)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST CITY, TEXAS - CORPUS CHRISTI (FDIC ID 1715), failed 1988-04-20. Retrieved via AI Analytics 2026-07-08 from https://api.ai-analytics.org/failed-bank/1715.

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