# THE BANK OF KERRVILLE

> **Failed bank** · KERRVILLE, TX · failed 1988-11-17 · State commercial bank, Federal Reserve member · FDIC cost $11M

## What happened

THE BANK OF KERRVILLE of KERRVILLE, TX was closed by state regulators on **1988-11-17**. The FDIC was named receiver.

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

Deposits were transferred to **BANK OF KERRVILLE** (KERRVILLE, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1984
- **FDIC Certificate:** 22871
- **FDIC FIN:** 2935
- **Bank name:** THE BANK OF KERRVILLE
- **Location:** KERRVILLE, TX
- **Failure date:** 1988-11-17
- **FDIC resolution date:** 1988-11-17
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $11M
- **Deposits at failure:** $35M
- **Assets at failure:** $40M
- **Acquiring bank:** BANK OF KERRVILLE (KERRVILLE, TX)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE BANK OF KERRVILLE (FDIC ID 1984), failed 1988-11-17. Retrieved via AI Analytics 2026-07-04 from https://api.ai-analytics.org/failed-bank/1984.

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