FIRST STATE BANK Failed 1961

PREMONT, TX · State commercial bank, Federal Reserve member · view on FDIC BankFind ↗

What happened

FIRST STATE BANK of PREMONT, TX was closed on 1961-12-30. 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
445
FDIC FIN
0
Bank name
FIRST STATE BANK
Location
PREMONT, TX
Failure date
1961-12-30
Charter type
State commercial bank, Federal Reserve member
Resolution type
PO
Deposits at failure
$2M
Assets at failure
$2M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions