Bank failure · TX
Trinity Valley Savings (Cleveland, TX) — failed March 9, 1989
Trinity Valley Savings of Cleveland, Texas was closed on March 9, 1989 and resolved through a insured deposit transfer. Hibernia Nb, Tx (TX) took over its insured deposits. At failure it held $91.9M in assets and $87.3M in deposits. The FDIC's estimated loss on the failure is $23.1M (25.1% of assets).
- Closing date
- March 9, 1989
- FDIC certificate #
- 31556
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Hibernia Nb, Tx
- Insurance fund
- RTC
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