Bank failure · TX
Hallmark S & L Association (Plano, TX) — failed July 27, 1989
Hallmark S & L Association of Plano, Texas was closed on July 27, 1989 and resolved through a payout (deposit payoff). Payout (NA) took over its insured deposits. At failure it held $166.1M in assets and $175.8M in deposits. The FDIC's estimated loss on the failure is $176.9M (106.5% of assets).
- Closing date
- July 27, 1989
- FDIC certificate #
- 28955
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- Payout
- Insurance fund
- RTC
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