Bank failure · TX
Modern S&la (Pasadena, TX) — failed October 22, 1982
Modern S&la of Pasadena, Texas was closed on October 22, 1982 and resolved through a a/a. Texas Western Fs&la (TX) took over its insured deposits. At failure it held $20.7M in assets and $17.6M in deposits.
- Closing date
- October 22, 1982
- FDIC certificate #
- 31651
- Resolution
- A/A (assistance)
- Acquiring institution
- Texas Western Fs&la
- Insurance fund
- FSLIC
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