Bank failure · TX

Metroplex Federal Savings Association (Hurst, TX) — failed December 22, 1988

Metroplex Federal Savings Association of Hurst, 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 $64.8M in assets and $66.9M in deposits. The FDIC's estimated loss on the failure is $43.5M (67.1% of assets).