CENTRE SA, FA Failed 1991
What happened
CENTRE SA, FA of ARLINGTON, TX was closed on 1991-08-16. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to AMERICAN FB, FSB (DALLAS, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3165
- FDIC Certificate
- 32252
- FDIC FIN
- 2164
- Bank name
- CENTRE SA, FA
- Location
- ARLINGTON, TX
- Failure date
- 1991-08-16
- FDIC resolution date
- 1992-02-21
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $5M
- Deposits at failure
- $16M
- Assets at failure
- $15M
- Acquiring bank
- AMERICAN FB, FSB (DALLAS, TX)