GIBRALTAR SA Failed 1988
What happened
GIBRALTAR SA of HOUSTON, TX was closed on 1988-12-27. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to FIRST GIBRALTAR BANK FSB (HOUSTON, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2035
- FDIC Certificate
- 27653
- FDIC FIN
- 1811
- Bank name
- GIBRALTAR SA
- Location
- HOUSTON, TX
- Failure date
- 1988-12-27
- FDIC resolution date
- 1988-12-27
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $2,854M
- Deposits at failure
- $4,592M
- Assets at failure
- $6,459M
- Acquiring bank
- FIRST GIBRALTAR BANK FSB (HOUSTON, TX)
Other banks FIRST GIBRALTAR BANK FSB acquired in FDIC resolutions