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Bank Failures Spark Debate Over Texas Banking System
A special study cites Texas as leading the U S in bank failures with 12 of 56 since 1969, attributing the state’s share to factors such as bank size and regional spread while also criticizing the Texas banking department and regulatory code. The report notes most failures involved state chartered banks and highlights regulatory scrutiny.
MENTIONED IN THIS ARTICLE
Stryker McGuire
Texas
State Banking Department
U.S
Virgin Islands
Haskins & Sells
Banking Department
Robert Stewart
Citizens State Bank of
Carrizo Springs
Savings and Loan Department
Federal Deposit Insurance Corp
FDIC
Citizens State
Stewart
Eagle Pass
Enrique M. Salinas’ Jr
Archie Clayton
Salinas
Clayton
Daniel A. Flynn
Department