Bank failure · TX

Western S&la (Dallas, TX) — failed September 12, 1986

Western S&la of Dallas, Texas was closed on September 12, 1986 and resolved through a assisted merger. Sunbelt Savings, FSB (TX) took over its insured deposits. At failure it held $2.0B in assets and $1.8B in deposits. The FDIC's estimated loss on the failure is $2.3B (119.2% of assets).