RESOURCE BANK, N.A. Failed 1988

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

What happened

RESOURCE BANK, N.A. of HOUSTON, TX was closed on 1988-12-08. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1997
FDIC Certificate
24664
FDIC FIN
5955
Bank name
RESOURCE BANK, N.A.
Location
HOUSTON, TX
Failure date
1988-12-08
FDIC resolution date
1988-12-08
Charter type
National commercial bank (OCC-chartered)
Resolution type
PO
FDIC DIF cost (est.)
$12M
Deposits at failure
$37M
Assets at failure
$35M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions