BLUEBONNET SA OF TEXAS Failed 1988

HEMPSTEAD, TX · SL · view on FDIC BankFind ↗

What happened

BLUEBONNET SA OF TEXAS of HEMPSTEAD, TX was closed on 1988-05-26. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to FIRST FSB OF HEMPSTEAD (HEMPSTEAD, TX). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1761
FDIC Certificate
32008
FDIC FIN
1730
Bank name
BLUEBONNET SA OF TEXAS
Location
HEMPSTEAD, TX
Failure date
1988-05-26
FDIC resolution date
1988-05-26
Charter type
SL
Resolution type
A/A
FDIC DIF cost (est.)
$11M
Deposits at failure
$29M
Assets at failure
$24M
Acquiring bank
FIRST FSB OF HEMPSTEAD (HEMPSTEAD, TX)