TRINITY VALLEY SAVINGS Failed 1989
What happened
TRINITY VALLEY SAVINGS of CLEVELAND, TX was closed on 1989-03-09. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to HIBERNIA NB, TX (PFLUGERVILLE, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2201
- FDIC Certificate
- 31556
- FDIC FIN
- 6926
- Bank name
- TRINITY VALLEY SAVINGS
- Location
- CLEVELAND, TX
- Failure date
- 1989-03-09
- FDIC resolution date
- 1989-10-06
- Charter type
- SL
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $23M
- Deposits at failure
- $87M
- Assets at failure
- $92M
- Acquiring bank
- HIBERNIA NB, TX (PFLUGERVILLE, TX)
Other banks HIBERNIA NB, TX acquired in FDIC resolutions