Bank failure · TX
Washington County State Bank (Brenham, TX) — failed December 13, 1990
Washington County State Bank of Brenham, Texas was closed on December 13, 1990 and resolved through a purchase and assumption. Channelview Bank (TX) took over its insured deposits. At failure it held $77.7M in assets and $77.5M in deposits. The FDIC's estimated loss on the failure is $9.4M (12.1% of assets).
- Closing date
- December 13, 1990
- FDIC certificate #
- 11558
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Channelview Bank
- Insurance fund
- BIF
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