FIRST STATE BANK & TRUST CO. Failed 1976

RIO GRANDE CITY, TX · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

FIRST STATE BANK & TRUST CO. of RIO GRANDE CITY, TX was closed on 1976-11-19. 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
524
FDIC FIN
11919
Bank name
FIRST STATE BANK & TRUST CO.
Location
RIO GRANDE CITY, TX
Failure date
1976-11-19
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
P&A
Deposits at failure
$12M
Assets at failure
$14M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions