Bank failure · TX
Centennial Savings Bank (Greenville, TX) — failed April 6, 1989
Centennial Savings Bank of Greenville, Texas was closed on April 6, 1989 and resolved through a purchase and assumption. Ncnb Texas National Bank (TX) took over its insured deposits. At failure it held $106.0M in assets and $82.7M in deposits. The FDIC's estimated loss on the failure is $32.2M (30.4% of assets).
- Closing date
- April 6, 1989
- FDIC certificate #
- 27655
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Ncnb Texas National Bank
- Insurance fund
- RTC
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