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Bank failure · TX

Travis Savings & Loan Assoc. (San Antonio, TX) — failed June 29, 1990

Travis Savings & Loan Assoc. of San Antonio, Texas was closed on June 29, 1990 and resolved through a purchase and assumption. International Bank of Comme (TX) took over its insured deposits. At failure it held $321.7M in assets and $273.5M in deposits. The FDIC's estimated loss on the failure is $53.1M (16.5% of assets).

Closing date
June 29, 1990
FDIC certificate #
27632
Resolution
Purchase and assumption (failure)
Acquiring institution
International Bank of Comme
Insurance fund
RTC

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