Bank failure · TX
Executive Banc Sa (New Braunfels, TX) — failed November 9, 1990
Executive Banc Sa of New Braunfels, Texas was closed on November 9, 1990 and resolved through a insured deposit transfer. Victoria B&tc (TX) took over its insured deposits. At failure it held $16.2M in assets and $15.5M in deposits. The FDIC's estimated loss on the failure is $3.6M (22.1% of assets).
- Closing date
- November 9, 1990
- FDIC certificate #
- 32479
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Victoria B&tc
- Insurance fund
- RTC
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