Bank failure · TX

First Federal Savings & Loan (San Antonio, TX) — failed January 4, 1991

First Federal Savings & Loan of San Antonio, Texas was closed on January 4, 1991 and resolved through a purchase and assumption. First FSB (TX) took over its insured deposits. At failure it held $638.6M in assets and $472.4M in deposits. The FDIC's estimated loss on the failure is $37.7M (5.9% of assets).