Bank failure · TX
Peoples State Bank (Richland Springs, TX) — failed May 5, 1958
Peoples State Bank of Richland Springs, Texas was closed on May 5, 1958 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $618K in assets and $574K in deposits.
- Closing date
- May 5, 1958
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC