# GUARANTY BOND STATE BANK

> **Failed bank** · REDWATER, TX · failed 1982-07-27 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $3M

## What happened

GUARANTY BOND STATE BANK of REDWATER, TX was closed by regulators on **1982-07-27**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **FIRST BANK&TRUST REDWATE** (REDWATER, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 678
- **FDIC Certificate:** 12767
- **FDIC FIN:** 2315
- **Bank name:** GUARANTY BOND STATE BANK
- **Location:** REDWATER, TX
- **Failure date:** 1982-07-27
- **FDIC resolution date:** 1982-07-27
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $12M
- **Assets at failure:** $14M
- **Acquiring bank:** FIRST BANK&TRUST REDWATE (REDWATER, TX)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=GUARANTY%20BOND%20STATE%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, GUARANTY BOND STATE BANK (FDIC ID 678), failed 1982-07-27. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/678.

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