WESTERN S&LA Failed 1986
What happened
WESTERN S&LA of DALLAS, TX was closed on 1986-09-12. The FDIC was named receiver.
Resolution: MGR
Deposits were transferred to SUNBELT SAVINGS, FSB (DALLAS, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1275
- FDIC Certificate
- 30438
- FDIC FIN
- 1798
- Bank name
- WESTERN S&LA
- Location
- DALLAS, TX
- Failure date
- 1986-09-12
- FDIC resolution date
- 1988-08-19
- Charter type
- SL
- Resolution type
- MGR
- FDIC DIF cost (est.)
- $2,337M
- Deposits at failure
- $1,806M
- Assets at failure
- $1,960M
- Acquiring bank
- SUNBELT SAVINGS, FSB (DALLAS, TX)
Other banks SUNBELT SAVINGS, FSB acquired in FDIC resolutions