UNITED SAVINGS ASSOCIATION OF TEXAS Failed 1988
What happened
UNITED SAVINGS ASSOCIATION OF TEXAS of HOUSTON, TX was closed on 1988-12-30. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to UNITED SA OF TEXAS FSB (HOUSTON, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2058
- FDIC Certificate
- 29959
- FDIC FIN
- 1815
- Bank name
- UNITED SAVINGS ASSOCIATION OF TEXAS
- Location
- HOUSTON, TX
- Failure date
- 1988-12-30
- FDIC resolution date
- 1988-12-30
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $1,520M
- Deposits at failure
- $3,497M
- Assets at failure
- $4,645M
- Acquiring bank
- UNITED SA OF TEXAS FSB (HOUSTON, TX)