THE WIMBERLEY BANK Failed 1990

WIMBERLEY, TX · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

THE WIMBERLEY BANK of WIMBERLEY, TX was closed on 1990-06-14. The FDIC was named receiver.

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

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

Key facts

FDIC ID
2811
FDIC Certificate
21476
FDIC FIN
4227
Bank name
THE WIMBERLEY BANK
Location
WIMBERLEY, TX
Failure date
1990-06-14
FDIC resolution date
1990-06-14
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.)
$4M
Deposits at failure
$24M
Assets at failure
$23M
Acquiring bank
OZONA NATIONAL BANK (OZONA, TX)