Bank failure · TX
Alamo Sa of Texas (San Antonio, TX) — failed March 2, 1989
Alamo Sa of Texas of San Antonio, Texas was closed on March 2, 1989 and resolved through a payout (deposit payoff). Payout (NA) took over its insured deposits. At failure it held $569.9M in assets and $627.6M in deposits. The FDIC's estimated loss on the failure is $703.3M (123.4% of assets).
- Closing date
- March 2, 1989
- FDIC certificate #
- 30924
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- Payout
- Insurance fund
- RTC
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