Bank failure · TX
Texasbanc Savings (Conroe, TX) — failed February 23, 1990
Texasbanc Savings of Conroe, Texas was closed on February 23, 1990 and resolved through a insured deposit transfer. Guaranty FSB (TX) took over its insured deposits. At failure it held $248.8M in assets and $385.7M in deposits. The FDIC's estimated loss on the failure is $325.9M (131.0% of assets).
- Closing date
- February 23, 1990
- FDIC certificate #
- 31660
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Guaranty FSB
- Insurance fund
- RTC
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