Bank failure · TX
First Capital Savings Assoc./Texas (Houston, TX) — failed March 9, 1989
First Capital Savings Assoc./Texas of Houston, Texas was closed on March 9, 1989 and resolved through a insured deposit transfer. Ncnb Texas National Bank (TX) took over its insured deposits. At failure it held $70.9M in assets and $108.7M in deposits. The FDIC's estimated loss on the failure is $75.4M (106.3% of assets).
- Closing date
- March 9, 1989
- FDIC certificate #
- 31571
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Ncnb Texas National Bank
- Insurance fund
- RTC
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