# BAY CITY FS&LA

> **Failed bank** · BAY CITY, TX · failed 1988-09-09 · SL · FDIC cost $256M

## What happened

BAY CITY FS&LA of BAY CITY, TX was closed by state regulators on **1988-09-09**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **HEIGHTS OF TEXAS FSB** (HOUSTON, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1919
- **FDIC Certificate:** 28957
- **FDIC FIN:** 1804
- **Bank name:** BAY CITY FS&LA
- **Location:** BAY CITY, TX
- **Failure date:** 1988-09-09
- **FDIC resolution date:** 1988-09-09
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $256M
- **Deposits at failure:** $163M
- **Assets at failure:** $158M
- **Acquiring bank:** HEIGHTS OF TEXAS FSB (HOUSTON, TX)

## Other banks HEIGHTS OF TEXAS FSB has acquired in FDIC resolutions

- CHAMPION SAVINGS ASSOCIATION (HOUSTON, TX) — failed 1988-09-23 — /failed-bank/1934
- GULF COAST SAVINGS ASSOCIATION (RICHMOND, TX) — failed 1988-09-09 — /failed-bank/1920
- MAINLAND  S&LA (HOUSTON, TX) — failed 1986-04-04 — /failed-bank/1173

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BAY CITY FS&LA (FDIC ID 1919), failed 1988-09-09. Retrieved via AI Analytics 2026-07-02 from https://api.ai-analytics.org/failed-bank/1919.

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