# HOME SA

> **Failed bank** · HOUSTON, TX · failed 1988-12-22 · SL · FDIC cost $310M

## What happened

HOME SA of HOUSTON, TX was closed by state regulators on **1988-12-22**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **FIRST GIBRALTAR BANK FSB** (HOUSTON, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2027
- **FDIC Certificate:** 30648
- **FDIC FIN:** 1811
- **Bank name:** HOME SA
- **Location:** HOUSTON, TX
- **Failure date:** 1988-12-22
- **FDIC resolution date:** 1988-12-22
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $310M
- **Deposits at failure:** $544M
- **Assets at failure:** $495M
- **Acquiring bank:** FIRST GIBRALTAR BANK FSB (HOUSTON, TX)

## Other banks FIRST GIBRALTAR BANK FSB has acquired in FDIC resolutions

- KILLEEN S&LA (KILLEEN, TX) — failed 1988-12-27 — /failed-bank/2037
- FIRST TEXAS SAVINGS ASSOCIATION (DALLAS, TX) — failed 1988-12-27 — /failed-bank/2036
- GIBRALTAR SA (HOUSTON, TX) — failed 1988-12-27 — /failed-bank/2035

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=HOME%20SA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, HOME SA (FDIC ID 2027), failed 1988-12-22. Retrieved via AI Analytics 2026-07-08 from https://api.ai-analytics.org/failed-bank/2027.

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