Bank failure · TX
Greater Texas Bank Leander (Leander, TX) — failed May 4, 1989
Greater Texas Bank Leander of Leander, Texas was closed on May 4, 1989 and resolved through a purchase and assumption. Hill Country Bank (TX) took over its insured deposits. At failure it held $20.6M in assets and $22.2M in deposits. The FDIC's estimated loss on the failure is $11.0M (53.7% of assets).
- Closing date
- May 4, 1989
- FDIC certificate #
- 24657
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Hill Country Bank
- Insurance fund
- FDIC
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