# FEDERATED S&LA

> **Failed bank** · SAN ANTONIO, TX · failed 1988-08-19 · SL · FDIC cost $98M

## What happened

FEDERATED S&LA of SAN ANTONIO, TX was closed by state regulators on **1988-08-19**. 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:** 1872
- **FDIC Certificate:** 28412
- **FDIC FIN:** 1798
- **Bank name:** FEDERATED S&LA
- **Location:** SAN ANTONIO, TX
- **Failure date:** 1988-08-19
- **FDIC resolution date:** 1988-08-19
- **Charter type:** SL
- **Resolution type:** MGR
- **Estimated FDIC DIF cost:** $98M
- **Deposits at failure:** $158M
- **Assets at failure:** $150M
- **Acquiring bank:** SUNBELT SAVINGS FSB (DALLAS, TX)

## Other banks SUNBELT SAVINGS FSB has acquired in FDIC resolutions

- FIRST CITY SAVINGS ASSOCIATION (IRVING, TX) — failed 1988-08-19 — /failed-bank/1877
- TEXANA S&LA (TEXARKANA, TX) — failed 1988-08-19 — /failed-bank/1876
- SUMMIT SAVINGS ASSOCIATION (DALLAS, TX) — failed 1988-08-19 — /failed-bank/1875
- SUNBELT SAVINGS ASSOCIATION OF TEXAS (DALLAS, TX) — failed 1988-08-19 — /failed-bank/1874
- MULTIBANC SAVINGS ASSOCIATION (DALLAS, TX) — failed 1988-08-19 — /failed-bank/1873

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FEDERATED%20S%26LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FEDERATED S&LA (FDIC ID 1872), failed 1988-08-19. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/1872.

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