TellerScore

Bank failure · TX

Victoria Sa (San Antonio, TX) — failed June 29, 1989

Victoria Sa of San Antonio, Texas was closed on June 29, 1989 and resolved through a payout (deposit payoff). Branch Sale (NA) took over its insured deposits. At failure it held $882.8M in assets and $855.7M in deposits. The FDIC's estimated loss on the failure is $969.0M (109.8% of assets).

Closing date
June 29, 1989
FDIC certificate #
29378
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
Branch Sale
Insurance fund
RTC

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What happens when a bank fails