Bank failure · TX
Sunbelt Savings (Irving, TX) — failed April 26, 1991
Sunbelt Savings of Irving, Texas was closed on April 26, 1991 and resolved through a purchase and assumption. Bank of America (TX) took over its insured deposits. At failure it held $6.0B in assets and $4.3B in deposits. The FDIC's estimated loss on the failure is $3K (0.0% of assets).
- Closing date
- April 26, 1991
- FDIC certificate #
- 32598
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Bank of America
- Insurance fund
- RTC
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