# KARNES COUNTY FS & LA

> **Failed bank** · KARNES CITY, TX · failed 1990-01-18 · SL · FDIC cost $25M

## What happened

KARNES COUNTY FS & LA of KARNES CITY, TX was closed by state regulators on **1990-01-18**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **VICTORIA B&TC** (VICTORIA, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2624
- **FDIC Certificate:** 31463
- **FDIC FIN:** 7248
- **Bank name:** KARNES COUNTY FS & LA
- **Location:** KARNES CITY, TX
- **Failure date:** 1990-01-18
- **FDIC resolution date:** 1990-12-07
- **Charter type:** SL
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $25M
- **Deposits at failure:** $57M
- **Assets at failure:** $53M
- **Acquiring bank:** VICTORIA B&TC (VICTORIA, TX)

## Other banks VICTORIA B&TC has acquired in FDIC resolutions

- EXECUTIVE BANC SA (NEW BRAUNFELS, TX) — failed 1990-11-09 — /failed-bank/2937
- FIRST FEDERAL SAVINGS & LOAN (NEW BRAUNFELS, TX) — failed 1990-05-25 — /failed-bank/2778
- WESTERN GULF SAVINGS (BAY CITY, TX) — failed 1989-03-09 — /failed-bank/2207

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=KARNES%20COUNTY%20FS%20%26%20LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, KARNES COUNTY FS & LA (FDIC ID 2624), failed 1990-01-18. Retrieved via AI Analytics 2026-07-14 from https://api.ai-analytics.org/failed-bank/2624.

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