Bank failure · TX
Texas Western Federal Savings (Houston, TX) — failed November 16, 1989
Texas Western Federal Savings of Houston, Texas was closed on November 16, 1989 and resolved through a payout (deposit payoff). Payout (NA) took over its insured deposits. At failure it held $116.1M in assets and $96.7M in deposits. The FDIC's estimated loss on the failure is $19.7M (17.0% of assets).
- Closing date
- November 16, 1989
- FDIC certificate #
- 28987
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- Payout
- Insurance fund
- RTC
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