Bank failure · TX
Superior Federal Savings Bank (Nacogdoches, TX) — failed August 10, 1990
Superior Federal Savings Bank of Nacogdoches, Texas was closed on August 10, 1990 and resolved through a insured deposit transfer. Branch Sale (NA) took over its insured deposits. At failure it held $80.2M in assets and $77.5M in deposits. The FDIC's estimated loss on the failure is $11.4M (14.3% of assets).
- Closing date
- August 10, 1990
- FDIC certificate #
- 30893
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Branch Sale
- Insurance fund
- RTC
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