CASTLE HILLS NATIONAL BANK Failed 1992

What happened

CASTLE HILLS NATIONAL BANK of SAN ANTONIO, TX was closed on 1992-06-25. The FDIC was named receiver.

Resolution: Payout / Insured deposits — FDIC paid insured deposits directly to depositors

Deposits were transferred to INTERNATIONAL BK OF COM (LAREDO, TX). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID

3348

FDIC Certificate

25063

FDIC FIN

4502

Bank name

CASTLE HILLS NATIONAL BANK

Location

SAN ANTONIO, TX

Failure date

1992-06-25

FDIC resolution date

1992-06-25

Charter type

National commercial bank (OCC-chartered)

Resolution type

Payout / Insured deposits — FDIC paid insured deposits directly to depositors

FDIC DIF cost (est.)

$0M

Deposits at failure

$14M

Assets at failure

$14M

Acquiring bank

INTERNATIONAL BK OF COM (LAREDO, TX)