Bank failure · TX
The Federal Savings Banc Fa (Arlington, TX) — failed May 11, 1990
The Federal Savings Banc Fa of Arlington, Texas was closed on May 11, 1990 and resolved through a payout (deposit payoff). Payout (NA) took over its insured deposits. At failure it held $137.3M in assets and $124.3M in deposits. The FDIC's estimated loss on the failure is $41.2M (30.0% of assets).
- Closing date
- May 11, 1990
- FDIC certificate #
- 31134
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- Payout
- Insurance fund
- RTC
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