Bank failure · TX

Yoakum Fs&la (Yoakum, TX) — failed December 29, 1988

Yoakum Fs&la of Yoakum, Texas was closed on December 29, 1988 and resolved through a a/a. Pacific Southwest Sb FSB (TX) took over its insured deposits. At failure it held $43.6M in assets and $43.6M in deposits. The FDIC's estimated loss on the failure is $27.1M (62.1% of assets).