Bank failure · TX
Guadalupe S & L Assoc. (Kerrville, TX) — failed August 17, 1989
Guadalupe S & L Assoc. of Kerrville, Texas was closed on August 17, 1989 and resolved through a payout (deposit payoff). Payout (NA) took over its insured deposits. At failure it held $25.8M in assets and $15.8M in deposits. The FDIC's estimated loss on the failure is $7.6M (29.4% of assets).
- Closing date
- August 17, 1989
- FDIC certificate #
- 31809
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- Payout
- Insurance fund
- RTC
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