FIRST TEXAS SAVINGS ASSOCIATION Failed 1988

DALLAS, TX · SL · view on FDIC BankFind ↗

What happened

FIRST TEXAS SAVINGS ASSOCIATION of DALLAS, TX was closed on 1988-12-27. 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
2036
FDIC Certificate
28252
FDIC FIN
1811
Bank name
FIRST TEXAS SAVINGS ASSOCIATION
Location
DALLAS, TX
Failure date
1988-12-27
FDIC resolution date
1988-12-27
Charter type
SL
Resolution type
A/A
FDIC DIF cost (est.)
$2,527M
Deposits at failure
$2,696M
Assets at failure
$3,128M
Acquiring bank
FIRST GIBRALTAR BANK FSB (HOUSTON, TX)

Other banks FIRST GIBRALTAR BANK FSB acquired in FDIC resolutions