CENTENNIAL SAVINGS BANK Failed 1989

GREENVILLE, TX · Savings bank · view on FDIC BankFind ↗

What happened

CENTENNIAL SAVINGS BANK of GREENVILLE, TX was closed on 1989-04-06. The FDIC was named receiver.

Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to NCNB TEXAS NATIONAL BANK (DALLAS, TX). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2316
FDIC Certificate
27655
FDIC FIN
6958
Bank name
CENTENNIAL SAVINGS BANK
Location
GREENVILLE, TX
Failure date
1989-04-06
FDIC resolution date
1990-03-02
Charter type
Savings bank
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$32M
Deposits at failure
$83M
Assets at failure
$106M
Acquiring bank
NCNB TEXAS NATIONAL BANK (DALLAS, TX)

Other banks NCNB TEXAS NATIONAL BANK acquired in FDIC resolutions