STATE S&LA OF LUBBOCK Failed 1985
What happened
STATE S&LA OF LUBBOCK of LUBBOCK, TX was closed on 1985-12-20. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to MERABANK TEXAS FSB (EL PASO, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1126
- FDIC Certificate
- 31117
- FDIC FIN
- 1799
- Bank name
- STATE S&LA OF LUBBOCK
- Location
- LUBBOCK, TX
- Failure date
- 1985-12-20
- FDIC resolution date
- 1988-08-26
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $1,148M
- Deposits at failure
- $815M
- Assets at failure
- $842M
- Acquiring bank
- MERABANK TEXAS FSB (EL PASO, TX)
Other banks MERABANK TEXAS FSB acquired in FDIC resolutions