Bank failure · TX
Franklin Bank (Houston, TX) — failed March 24, 1975
Franklin Bank of Houston, Texas was closed on March 24, 1975 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $20.7M in assets and $18.2M in deposits.
- Closing date
- March 24, 1975
- FDIC certificate #
- 19377
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
Other failures in 1975
- The First State Bank of Jennings KS
- The Peoples Bank AZ
- The Peoples Bank of the Virgin Islands VI
- American City Bank & Trust Company, N.A. WI
- Astro Bank TX
- State Bank of Clearing IL
- Bank of Chidester AR
- Bank of Picayune MS
- Algoma Bank WI
- Chicopee Bank & Trust Company MA
- Northern Ohio Bank OH
- Swope Parkway National Bank MO