HOME S&LA Failed 1988

LUFKIN, TX · SL · view on FDIC BankFind ↗

What happened

HOME S&LA of LUFKIN, TX was closed on 1988-12-22. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to CONSOLIDATED S&LA (DALLAS, TX). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2021
FDIC Certificate
29077
FDIC FIN
1810
Bank name
HOME S&LA
Location
LUFKIN, TX
Failure date
1988-12-22
FDIC resolution date
1988-12-22
Charter type
SL
Resolution type
A/A
FDIC DIF cost (est.)
$356M
Deposits at failure
$395M
Assets at failure
$278M
Acquiring bank
CONSOLIDATED S&LA (DALLAS, TX)

Other banks CONSOLIDATED S&LA acquired in FDIC resolutions