CHARTER SAVINGS S&LA Failed 1988
What happened
CHARTER SAVINGS S&LA of CORPUS CHRISTI, TX was closed on 1988-12-29. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to PACIFIC SOUTHWEST SB FSB (CORPUS CHRISTI, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2044
- FDIC Certificate
- 31504
- FDIC FIN
- 1812
- Bank name
- CHARTER SAVINGS S&LA
- Location
- CORPUS CHRISTI, TX
- Failure date
- 1988-12-29
- FDIC resolution date
- 1988-12-29
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $615M
- Deposits at failure
- $552M
- Assets at failure
- $397M
- Acquiring bank
- PACIFIC SOUTHWEST SB FSB (CORPUS CHRISTI, TX)
Other banks PACIFIC SOUTHWEST SB FSB acquired in FDIC resolutions