THE FIRST STATE BANK Failed 1969

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

What happened

THE FIRST STATE BANK of ARANSAS PASS, TX was closed on 1969-09-05. The FDIC was named receiver.

Resolution: P&A

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

Key facts

FDIC ID
482
FDIC FIN
0
Bank name
THE FIRST STATE BANK
Location
ARANSAS PASS, TX
Failure date
1969-09-05
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
P&A
Deposits at failure
$10M
Assets at failure
$11M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions