GREATER TEXAS BANK LEANDER Failed 1989
What happened
GREATER TEXAS BANK LEANDER of LEANDER, TX was closed on 1989-05-04. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to HILL COUNTRY BANK (LEANDER, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2368
- FDIC Certificate
- 24657
- FDIC FIN
- 4014
- Bank name
- GREATER TEXAS BANK LEANDER
- Location
- LEANDER, TX
- Failure date
- 1989-05-04
- FDIC resolution date
- 1989-05-04
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $11M
- Deposits at failure
- $22M
- Assets at failure
- $21M
- Acquiring bank
- HILL COUNTRY BANK (LEANDER, TX)
Other banks HILL COUNTRY BANK acquired in FDIC resolutions