FIRST CITY, TEXAS - FOREST HILL Failed 1988

FOREST HILL, TX · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

FIRST CITY, TEXAS - FOREST HILL of FOREST HILL, TX was closed on 1988-04-20. The FDIC was named receiver.

Resolution: A/A

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

Key facts

FDIC ID
1716
FDIC Certificate
21381
FDIC FIN
1941
Bank name
FIRST CITY, TEXAS - FOREST HILL
Location
FOREST HILL, 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
FDIC DIF cost (est.)
$0M
Deposits at failure
$42M
Assets at failure
$45M
Acquiring bank
FIRST CITY, TEXAS - FOREST (FOREST HILL, TX)