Bank failure · TX

Bayview Fsa (Corpus Christi, TX) — failed December 29, 1988

Bayview Fsa of Corpus Christi, Texas was closed on December 29, 1988 and resolved through a a/a. Pacific Southwest Sb FSB (TX) took over its insured deposits. At failure it held $64.6M in assets and $70.4M in deposits. The FDIC's estimated loss on the failure is $48.2M (74.6% of assets).