PEOPLES STATE BANK Failed 1958

RICHLAND SPRINGS, TX · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

PEOPLES STATE BANK of RICHLAND SPRINGS, TX was closed on 1958-05-05. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
434
FDIC FIN
0
Bank name
PEOPLES STATE BANK
Location
RICHLAND SPRINGS, TX
Failure date
1958-05-05
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
PO
Deposits at failure
$1M
Assets at failure
$1M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions