THE WALLER BANK, NATIONAL ASSOCIATION Failed 1990
What happened
THE WALLER BANK, NATIONAL ASSOCIATION of WALLER, TX was closed on 1990-03-22. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FIRST BANK NAVASOTA (NAVASOTA, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2714
- FDIC Certificate
- 26353
- FDIC FIN
- 4170
- Bank name
- THE WALLER BANK, NATIONAL ASSOCIATION
- Location
- WALLER, TX
- Failure date
- 1990-03-22
- FDIC resolution date
- 1990-03-22
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $3M
- Deposits at failure
- $14M
- Assets at failure
- $13M
- Acquiring bank
- FIRST BANK NAVASOTA (NAVASOTA, TX)