FIRST REPUBLICBANK-GREENVILLE, N.A. Failed 1988

GREENVILLE, TX · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

FIRST REPUBLICBANK-GREENVILLE, N.A. of GREENVILLE, TX was closed on 1988-07-29. The FDIC was named receiver.

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

Deposits were transferred to NCNB TEXAS NATIONAL BANK (DALLAS, TX). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1817
FDIC Certificate
3234
FDIC FIN
2864
Bank name
FIRST REPUBLICBANK-GREENVILLE, N.A.
Location
GREENVILLE, TX
Failure date
1988-07-29
FDIC resolution date
1988-10-22
Charter type
National commercial bank (OCC-chartered)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$16M
Deposits at failure
$80M
Assets at failure
$86M
Acquiring bank
NCNB TEXAS NATIONAL BANK (DALLAS, TX)

Other banks NCNB TEXAS NATIONAL BANK acquired in FDIC resolutions