Bank failure · TX
Nbc Bank-Seguin, National Assoc (Seguin, TX) — failed June 1, 1990
Nbc Bank-Seguin, National Assoc of Seguin, Texas was closed on June 1, 1990 and resolved through a purchase and assumption. Ncnb Texas National Bank (TX) took over its insured deposits. At failure it held $63.8M in assets and $68.3M in deposits. The FDIC's estimated loss on the failure is $5.6M (8.9% of assets).
- Closing date
- June 1, 1990
- FDIC certificate #
- 5524
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Ncnb Texas National Bank
- Insurance fund
- BIF
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