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Bank failure · TX

Kirby State Bank (Kirby, TX) — failed September 14, 1989

Kirby State Bank of Kirby, Texas was closed on September 14, 1989 and resolved through a purchase and assumption. Schertz Bank & Trust (TX) took over its insured deposits. At failure it held $16.8M in assets and $16.5M in deposits.

Closing date
September 14, 1989
FDIC certificate #
21186
Resolution
Purchase and assumption (failure)
Acquiring institution
Schertz Bank & Trust
Insurance fund
BIF

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