Bank failure · TX
Marshall Fs & LA (Marshall, TX) — failed January 18, 1990
Marshall Fs & LA of Marshall, Texas was closed on January 18, 1990 and resolved through a purchase and assumption. Kilgore Fs&la (TX) took over its insured deposits. At failure it held $62.0M in assets and $57.8M in deposits. The FDIC's estimated loss on the failure is $14.4M (23.2% of assets).
- Closing date
- January 18, 1990
- FDIC certificate #
- 29465
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Kilgore Fs&la
- Insurance fund
- RTC
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