MAINLAND S&LA Failed 1986
What happened
MAINLAND S&LA of HOUSTON, TX was closed on 1986-04-04. The FDIC was named receiver.
Resolution: ABT
Deposits were transferred to HEIGHTS OF TEXAS FSB (HOUSTON, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1173
- FDIC Certificate
- 30342
- FDIC FIN
- 7529
- Bank name
- MAINLAND S&LA
- Location
- HOUSTON, TX
- Failure date
- 1986-04-04
- FDIC resolution date
- 1988-09-09
- Charter type
- SL
- Resolution type
- ABT
- FDIC DIF cost (est.)
- $1,124M
- Deposits at failure
- $874M
- Assets at failure
- $1,003M
- Acquiring bank
- HEIGHTS OF TEXAS FSB (HOUSTON, TX)
Other banks HEIGHTS OF TEXAS FSB acquired in FDIC resolutions