Bank failure · TX
Crossroads Bank (Victoria, TX) — failed December 3, 1987
Crossroads Bank of Victoria, Texas was closed on December 3, 1987 and resolved through a a/a. Crossroads Bank (TX) took over its insured deposits. At failure it held $25.1M in assets and $25.3M in deposits. The FDIC's estimated loss on the failure is $1.3M (5.2% of assets).
- Closing date
- December 3, 1987
- FDIC certificate #
- 18844
- Resolution
- A/A (assistance)
- Acquiring institution
- Crossroads Bank
- Insurance fund
- FDIC
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