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Bank failure · TX

River Oaks State Bank (Forth Worth, TX) — failed October 15, 1956

River Oaks State Bank of Forth Worth, Texas was closed on October 15, 1956 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $5.2M in assets and $4.7M in deposits.

Closing date
October 15, 1956
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1956

What happens when a bank fails