GOLDEN TRIANGLE S & LA Failed 1989

BRIDGE CITY, TX · SL · view on FDIC BankFind ↗

What happened

GOLDEN TRIANGLE S & LA of BRIDGE CITY, TX was closed on 1989-03-16. 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
2254
FDIC Certificate
31782
FDIC FIN
7204
Bank name
GOLDEN TRIANGLE S & LA
Location
BRIDGE CITY, TX
Failure date
1989-03-16
FDIC resolution date
1990-10-12
Charter type
SL
Resolution type
PO
FDIC DIF cost (est.)
$58M
Deposits at failure
$62M
Assets at failure
$27M
Acquiring bank
PAYOUT (NONE, NA)

Other banks PAYOUT acquired in FDIC resolutions