Bank failure · TX
Atlanta Fsa (Atlanta, TX) — failed August 31, 1990
Atlanta Fsa of Atlanta, Texas was closed on August 31, 1990 and resolved through a purchase and assumption. Kilgore Fs&la (TX) took over its insured deposits. At failure it held $89.4M in assets and $89.6M in deposits. The FDIC's estimated loss on the failure is $8.4M (9.4% of assets).
- Closing date
- August 31, 1990
- FDIC certificate #
- 29493
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Kilgore Fs&la
- Insurance fund
- RTC
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