TEXAS PREMIER BANK OF VICTORIA, NATIONAL A Failed 1991

What happened

TEXAS PREMIER BANK OF VICTORIA, NATIONAL A of VICTORIA, TX was closed on 1991-06-13. The FDIC was named receiver.

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

Deposits were transferred to VICTORIA BANK AND TRUST COM (VICTORIA, TX). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID

3128

FDIC Certificate

27274

FDIC FIN

4369

Bank name

TEXAS PREMIER BANK OF VICTORIA, NATIONAL A

Location

VICTORIA, TX

Failure date

1991-06-13

FDIC resolution date

1991-06-13

Charter type

National commercial bank (OCC-chartered)

Resolution type

Purchase & Assumption — acquiring bank assumed deposits + bought assets

FDIC DIF cost (est.)

$1M

Deposits at failure

$15M

Assets at failure

$15M

Acquiring bank

VICTORIA BANK AND TRUST COM (VICTORIA, TX)