Bank failure · TX
Columbia Fsa (Nassau Bay, TX) — failed December 21, 1989
Columbia Fsa of Nassau Bay, Texas was closed on December 21, 1989 and resolved through a payout (deposit payoff). Payout (NA) took over its insured deposits. At failure it held $77.1M in assets and $71.1M in deposits. The FDIC's estimated loss on the failure is $36.0M (46.7% of assets).
- Closing date
- December 21, 1989
- FDIC certificate #
- 32390
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- Payout
- Insurance fund
- RTC
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