SOUTH TEXAS BANK Failed 1976

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

What happened

SOUTH TEXAS BANK of HOUSTON, TX was closed on 1976-02-25. 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
537
FDIC Certificate
20294
FDIC FIN
0
Bank name
SOUTH TEXAS BANK
Location
HOUSTON, TX
Failure date
1976-02-25
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
P&A
Deposits at failure
$7M
Assets at failure
$8M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions