LEE SAVINGS ASSOCIATION Failed 1988
What happened
LEE SAVINGS ASSOCIATION of GIDDINGS, TX was closed on 1988-12-29. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to TEXAS TRUST SAVINGS BANK FS (LLANO, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2048
- FDIC Certificate
- 31979
- FDIC FIN
- 1813
- Bank name
- LEE SAVINGS ASSOCIATION
- Location
- GIDDINGS, TX
- Failure date
- 1988-12-29
- FDIC resolution date
- 1988-12-29
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $63M
- Deposits at failure
- $88M
- Assets at failure
- $74M
- Acquiring bank
- TEXAS TRUST SAVINGS BANK FS (LLANO, TX)
Other banks TEXAS TRUST SAVINGS BANK FS acquired in FDIC resolutions