FIRST FINANCIAL A SAVINGS ASSOCIATION OF E Failed 1988
What happened
FIRST FINANCIAL A SAVINGS ASSOCIATION OF E of EL PASO, TX was closed on 1988-06-22. 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
- 1778
- FDIC Certificate
- 30983
- FDIC FIN
- 1796
- Bank name
- FIRST FINANCIAL A SAVINGS ASSOCIATION OF E
- Location
- EL PASO, TX
- Failure date
- 1988-06-22
- FDIC resolution date
- 1988-06-22
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $43M
- Deposits at failure
- $248M
- Assets at failure
- $326M
- Acquiring bank
- MERABANK TEXAS FSB (EL PASO, TX)
Other banks MERABANK TEXAS FSB acquired in FDIC resolutions