Bank failure · TX
United Peoples Bank (Lampasas, TX) — failed October 11, 1990
United Peoples Bank of Lampasas, Texas was closed on October 11, 1990 and resolved through a purchase and assumption. The First National Bank of (TX) took over its insured deposits. At failure it held $32.7M in assets and $32.8M in deposits. The FDIC's estimated loss on the failure is $6.5M (19.8% of assets).
- Closing date
- October 11, 1990
- FDIC certificate #
- 26225
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- The First National Bank of
- Insurance fund
- BIF
Other failures in 1990
- Capitol Bank and Trust Company MA
- First Fs & LA of Andalusia AL
- Southern Fs LA
- Enterprise Savings Bank, Fa IL
- Arkansas FSB AR
- Mid-America Fs & LA OH
- Far Western Bank CA
- Home Federal Bank for Savings IL
- Community Fs & LA MO
- Frontier Savings Association NV
- Old Borough Savings & Loan NJ
- The State Bank of Omaha TX
- Comfed Savings Bank MA
- Peoples State Bank TX
- Empire Savings Bank NJ
- Olympic Federal Savings IL
- First Commercial Bank of Florida FL
- Washington County State Bank TX
- First State Bank OK
- Bank of Commerce LA
- New England Allbank for Savings MA
- First National Bank of Rowlett TX
- Heights Bank TX
- Texarkana Fs & LA AR