# COMMUNITY BANK & TRUST

> **Failed bank** · ROCKDALE, TX · failed 1988-09-22 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $4M

## What happened

COMMUNITY BANK & TRUST of ROCKDALE, TX was closed by regulators on **1988-09-22**. The FDIC was named receiver.

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

Deposits were transferred to **CITIZENS NB OF CAMERON** (CAMERON, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1932
- **FDIC Certificate:** 22992
- **FDIC FIN:** 2922
- **Bank name:** COMMUNITY BANK & TRUST
- **Location:** ROCKDALE, TX
- **Failure date:** 1988-09-22
- **FDIC resolution date:** 1988-09-22
- **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:** $4M
- **Deposits at failure:** $14M
- **Assets at failure:** $15M
- **Acquiring bank:** CITIZENS NB OF CAMERON (CAMERON, TX)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=COMMUNITY%20BANK%20%26%20TRUST

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, COMMUNITY BANK & TRUST (FDIC ID 1932), failed 1988-09-22. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/1932.

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