Bank failure · TX
Colonial Sa (Houston, TX) — failed June 24, 1983
Colonial Sa of Houston, Texas was closed on June 24, 1983 and resolved through a a/a. TCF Banking & Savings Fa (MN) took over its insured deposits. At failure it held $90.0M in assets and $83.6M in deposits. The FDIC's estimated loss on the failure is $519K (0.6% of assets).
- Closing date
- June 24, 1983
- FDIC certificate #
- 31288
- Resolution
- A/A (assistance)
- Acquiring institution
- TCF Banking & Savings Fa
- Insurance fund
- FSLIC
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- Citizens S&la OH
- The Bank of Red Oak OK
- Bank of Hackleburg AL
- Union Trust Company PR
- Metro Fs&la LA
- Bohemian S&la MO
- Atkinson Trust & Savings Bank IL
- First Fs&la of Ft. Wayne IN
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- State of Clovis, Sa NM
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- The First Nat Bk of Midland TX
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- The Deschutes Bank OR
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- Dominion Bk of Denver CO
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- Warren County Bank TN