TellerScore

Bank failure · TX

Texas Fsa (San Antonio, TX) — failed April 20, 1990

Texas Fsa of San Antonio, Texas was closed on April 20, 1990 and resolved through a payout (deposit payoff). Payout (NA) took over its insured deposits. At failure it held $55.4M in assets and $60.5M in deposits. The FDIC's estimated loss on the failure is $49.2M (88.8% of assets).

Closing date
April 20, 1990
FDIC certificate #
30305
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
Payout
Insurance fund
RTC

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What happens when a bank fails