# LONE STAR BANK

> **Failed bank** · HARRIS COUNTY (BAYTO, TX · failed 1988-05-26 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $3M

## What happened

LONE STAR BANK of HARRIS COUNTY (BAYTO, TX was closed by regulators on **1988-05-26**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **CITIZENS B&T CO BAYTOWN** (BAYTOWN, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1759
- **FDIC Certificate:** 23416
- **FDIC FIN:** 2819
- **Bank name:** LONE STAR BANK
- **Location:** HARRIS COUNTY (BAYTO, TX
- **Failure date:** 1988-05-26
- **FDIC resolution date:** 1988-05-26
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $13M
- **Assets at failure:** $13M
- **Acquiring bank:** CITIZENS B&T CO BAYTOWN (BAYTOWN, TX)

## Other banks CITIZENS B&T CO BAYTOWN has acquired in FDIC resolutions

- FIRST AMERICAN BANK & TRUST OF BAYTOWN (BAYTOWN, TX) — failed 1988-03-10 — /failed-bank/1639

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=LONE%20STAR%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, LONE STAR BANK (FDIC ID 1759), failed 1988-05-26. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/1759.

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