Bank failure · TX

First City, Texas - Corpus Christi (Corpus Christi, TX) — failed April 20, 1988

First City, Texas - Corpus Christi of Corpus Christi, Texas was closed on April 20, 1988 and resolved through a a/a. First City, Texas - Corpus (TX) took over its insured deposits. At failure it held $441.6M in assets and $312.3M in deposits. The FDIC's estimated loss on the failure is $6.1M (1.4% of assets).