Bank failure · TX
Heights Savings Association (Houston, TX) — failed September 6, 1985
Heights Savings Association of Houston, Texas was closed on September 6, 1985 and resolved through a a/a. First Heights Fsa (TX) took over its insured deposits. At failure it held $436.5M in assets and $422.0M in deposits. The FDIC's estimated loss on the failure is $738.9M (169.3% of assets).
- Closing date
- September 6, 1985
- FDIC certificate #
- 30676
- Resolution
- A/A (assistance)
- Acquiring institution
- First Heights Fsa
- Insurance fund
- FSLIC
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