First Bankers Trust and Savings Association

Status:Inactive as of 06/08/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:First Bankers Trust and Savings Association, F.A.
Headquarters:First Bankers Trust and Savings Association
500 W Wall
Midland, TX 79701
Established:07/06/1955
FDIC Insurance:07/06/1955
FDIC Cert:#30770
Charter Class:
Total Assets:$103,645,000
Total Deposits:$93,539,000

History

1955-07-06Institution established: Original name:First Savings and Loan Association
1984-02-29Changed name to First Bankers Trust and Savings Association
1990-06-08Institution established: Original name:First Bankers Trust and Savings Association, F.A. (33076)
1990-06-08Failed, went into receivership, and then became part of First Bankers Trust and Savings Association, F.A. (33076)
1990-06-08Placed into government conservatorship.
1991-05-10Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.
1991-05-10Government conservatorship or bridge bank resolved.