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Bank failure · TX

Uvalde Fs & LA (Uvalde, TX) — failed January 26, 1990

Uvalde Fs & LA of Uvalde, Texas was closed on January 26, 1990 and resolved through a payout (deposit payoff). Payout (NA) took over its insured deposits. At failure it held $13.3M in assets and $14.3M in deposits. The FDIC's estimated loss on the failure is $6.1M (45.9% of assets).

Closing date
January 26, 1990
FDIC certificate #
32003
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
Payout
Insurance fund
RTC

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