TellerScore

Bank failure · TX

Continental S&la (Bellaire, TX) — failed September 26, 1988

Continental S&la of Bellaire, Texas was closed on September 26, 1988 and resolved through a assisted merger. 0 (0) took over its insured deposits. At failure it held $363.7M in assets and $585.4M in deposits.

Closing date
September 26, 1988
FDIC certificate #
30625
Resolution
Assisted merger (failure)
Acquiring institution
0
Insurance fund
FSLIC

Other failures in 1988

What happens when a bank fails