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Bank failure · TX

Humble S & L Assoc. (Humble, TX) — failed March 9, 1989

Humble S & L Assoc. of Humble, Texas was closed on March 9, 1989 and resolved through a insured deposit transfer. Hibernia Nb, Tx (TX) took over its insured deposits. At failure it held $50.3M in assets and $76.5M in deposits. The FDIC's estimated loss on the failure is $62.2M (123.6% of assets).

Closing date
March 9, 1989
FDIC certificate #
31730
Resolution
Insured deposit transfer (failure)
Acquiring institution
Hibernia Nb, Tx
Insurance fund
RTC

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