Bank failure · TX

Royal Fs&la (Dallas, TX) — failed January 15, 1982

Royal Fs&la of Dallas, Texas was closed on January 15, 1982 and resolved through a a/a. Home Sa of America (CA) took over its insured deposits. At failure it held $167.6M in assets and $66.1M in deposits. The FDIC's estimated loss on the failure is $26.5M (15.8% of assets).