Bank failure · TX
Ameriway Savings (Houston, TX) — failed March 9, 1989
Ameriway Savings of Houston, Texas was closed on March 9, 1989 and resolved through a purchase and assumption. United Sa of the Sw, FSB (TX) took over its insured deposits. At failure it held $176.5M in assets and $236.6M in deposits. The FDIC's estimated loss on the failure is $208.0M (117.8% of assets).
- Closing date
- March 9, 1989
- FDIC certificate #
- 31413
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- United Sa of the Sw, FSB
- Insurance fund
- RTC
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