BANKCENTRAL AMARILLO Failed 1993
What happened
BANKCENTRAL AMARILLO of AMARILLO, TX was closed on 1993-06-10. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to AMARILLO NATIONAL BANK (AMARILLO, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3458
- FDIC Certificate
- 17963
- FDIC FIN
- 4581
- Bank name
- BANKCENTRAL AMARILLO
- Location
- AMARILLO, TX
- Failure date
- 1993-06-10
- FDIC resolution date
- 1993-06-10
- 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.)
- $3M
- Deposits at failure
- $34M
- Assets at failure
- $35M
- Acquiring bank
- AMARILLO NATIONAL BANK (AMARILLO, TX)
Other banks AMARILLO NATIONAL BANK acquired in FDIC resolutions