PLAZA BANK, N.A. OF NEW BRAUNFELS Failed 1993
What happened
PLAZA BANK, N.A. OF NEW BRAUNFELS of NEW BRAUNFELS, TX was closed on 1993-10-14. The FDIC was named receiver.
Resolution: Payout / Insured deposits — FDIC paid insured deposits directly to depositors
Deposits were transferred to TEXAS COM BANK-NEW BRAUN (NEW BRAUNFELS, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3478
- FDIC Certificate
- 8446
- FDIC FIN
- 4599
- Bank name
- PLAZA BANK, N.A. OF NEW BRAUNFELS
- Location
- NEW BRAUNFELS, TX
- Failure date
- 1993-10-14
- FDIC resolution date
- 1993-10-14
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- FDIC DIF cost (est.)
- $3M
- Deposits at failure
- $57M
- Assets at failure
- $55M
- Acquiring bank
- TEXAS COM BANK-NEW BRAUN (NEW BRAUNFELS, TX)