TellerScore

Bank failure · TX

Lorenzo State Bank (Lorenzo, TX) — failed February 13, 1968

Lorenzo State Bank of Lorenzo, Texas was closed on February 13, 1968 and resolved through a p&a. 0 (0) took over its insured deposits. At failure it held $6.2M in assets and $5.6M in deposits.

Closing date
February 13, 1968
Resolution
P&A (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1968

What happens when a bank fails