Bank failure · TX
Standard Fsa (Houston, TX) — failed January 18, 1990
Standard Fsa of Houston, Texas was closed on January 18, 1990 and resolved through a payout (deposit payoff). Payout (NA) took over its insured deposits. At failure it held $13.5M in assets and $15.1M in deposits. The FDIC's estimated loss on the failure is $9.6M (71.3% of assets).
- Closing date
- January 18, 1990
- FDIC certificate #
- 31052
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- Payout
- Insurance fund
- RTC
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