Bank failure · TX
Murray Savings Association (Dallas, TX) — failed April 5, 1989
Murray Savings Association of Dallas, Texas was closed on April 5, 1989 and resolved through a purchase and assumption. United Sa of the Sw, FSB (TX) took over its insured deposits. At failure it held $1.4B in assets and $1.2B in deposits. The FDIC's estimated loss on the failure is $384.4M (26.7% of assets).
- Closing date
- April 5, 1989
- FDIC certificate #
- 31256
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- United Sa of the Sw, FSB
- Insurance fund
- RTC
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