Bank failure · TX

Keystone S&la (Lampasas, TX) — failed December 29, 1988

Keystone S&la of Lampasas, Texas was closed on December 29, 1988 and resolved through a a/a. Pacific Southwest Sb FSB (TX) took over its insured deposits. At failure it held $30.7M in assets and $35.1M in deposits. The FDIC's estimated loss on the failure is $23.8M (77.6% of assets).