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Bank failure · TX

El Centro Fs&la (Dallas, TX) — failed January 15, 1982

El Centro Fs&la of Dallas, Texas was closed on January 15, 1982 and resolved through a a/a. Home Sa of America (CA) took over its insured deposits. At failure it held $11.2M in assets and $7.9M in deposits. The FDIC's estimated loss on the failure is $2.3M (20.7% of assets).

Closing date
January 15, 1982
FDIC certificate #
31668
Resolution
A/A (assistance)
Acquiring institution
Home Sa of America
Insurance fund
FSLIC

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