Bank failure · TX
LA Hacienda Savings Assoc. (San Antonio, TX) — failed March 2, 1989
LA Hacienda Savings Assoc. of San Antonio, Texas was closed on March 2, 1989 and resolved through a insured deposit transfer. First Community Bank (TX) took over its insured deposits. At failure it held $69.7M in assets and $116.4M in deposits. The FDIC's estimated loss on the failure is $118.9M (170.6% of assets).
- Closing date
- March 2, 1989
- FDIC certificate #
- 31970
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- First Community Bank
- Insurance fund
- RTC
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