Bank failure · TX

Sentry Savings Association (Slaton, TX) — failed December 22, 1988

Sentry Savings Association of Slaton, 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 $87.0M in assets and $151.5M in deposits. The FDIC's estimated loss on the failure is $156.0M (179.2% of assets).