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Bank failure · TX

Interwest Savings Association (Fort Worth, TX) — failed December 22, 1988

Interwest Savings Association of Fort Worth, Texas was closed on December 22, 1988 and resolved through a a/a. Consolidated S&la (TX) took over its insured deposits. At failure it held $109.4M in assets and $176.4M in deposits. The FDIC's estimated loss on the failure is $168.4M (154.0% of assets).

Closing date
December 22, 1988
FDIC certificate #
31333
Resolution
A/A (assistance)
Acquiring institution
Consolidated S&la
Insurance fund
FSLIC

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