Bank failure · TX
Central Texas S & LA (Waco, TX) — failed April 6, 1989
Central Texas S & LA of Waco, Texas was closed on April 6, 1989 and resolved through a purchase and assumption. Kilgore Fs&la (TX) took over its insured deposits. At failure it held $216.1M in assets and $211.3M in deposits. The FDIC's estimated loss on the failure is $119.3M (55.2% of assets).
- Closing date
- April 6, 1989
- FDIC certificate #
- 30444
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Kilgore Fs&la
- Insurance fund
- RTC
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