VISION BANC SAVINGS ASSOC. Failed 1989

KINGSVILLE, TX · SL · view on FDIC BankFind ↗

What happened

VISION BANC SAVINGS ASSOC. of KINGSVILLE, TX was closed on 1989-03-02. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to PAYOUT (NONE, NA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2160
FDIC Certificate
31908
FDIC FIN
7249
Bank name
VISION BANC SAVINGS ASSOC.
Location
KINGSVILLE, TX
Failure date
1989-03-02
FDIC resolution date
1990-12-07
Charter type
SL
Resolution type
PO
FDIC DIF cost (est.)
$79M
Deposits at failure
$93M
Assets at failure
$77M
Acquiring bank
PAYOUT (NONE, NA)

Other banks PAYOUT acquired in FDIC resolutions