Bank failure · TX
Helotes State Bank (Helotes, TX) — failed June 15, 1989
Helotes State Bank of Helotes, Texas was closed on June 15, 1989 and resolved through a purchase and assumption. Bank of Leon Springs (TX) took over its insured deposits. At failure it held $21.3M in assets and $21.0M in deposits. The FDIC's estimated loss on the failure is $5.0M (23.4% of assets).
- Closing date
- June 15, 1989
- FDIC certificate #
- 23695
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Bank of Leon Springs
- Insurance fund
- FDIC
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