Bank failure · TX
The State National Bank (Lovelady, TX) — failed May 28, 1969
The State National Bank of Lovelady, Texas was closed on May 28, 1969 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $4.1M in assets and $3.8M in deposits.
- Closing date
- May 28, 1969
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC