Bank failure · TX
First Fed. S & LA of Brenham (Brenham, TX) — failed September 21, 1989
First Fed. S & LA of Brenham of Brenham, Texas was closed on September 21, 1989 and resolved through a insured deposit transfer. Kilgore Fs&la (TX) took over its insured deposits. At failure it held $148.4M in assets and $138.9M in deposits. The FDIC's estimated loss on the failure is $50.0M (33.7% of assets).
- Closing date
- September 21, 1989
- FDIC certificate #
- 28430
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Kilgore Fs&la
- Insurance fund
- RTC
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