ROCKPORT BANK, NATIONAL ASSOCIATION Failed 1991

ARANSAS COUNTY, TX · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

ROCKPORT BANK, NATIONAL ASSOCIATION of ARANSAS COUNTY, TX was closed on 1991-01-31. The FDIC was named receiver.

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

Deposits were transferred to THE BANK OF CORPUS CHRISTI (CORPUS CHRISTI, TX). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3004
FDIC Certificate
25815
FDIC FIN
4318
Bank name
ROCKPORT BANK, NATIONAL ASSOCIATION
Location
ARANSAS COUNTY, TX
Failure date
1991-01-31
FDIC resolution date
1991-01-31
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
$18M
Assets at failure
$18M
Acquiring bank
THE BANK OF CORPUS CHRISTI (CORPUS CHRISTI, TX)