# UNITED SAVINGS ASSOCIATION OF TEXAS

> **Failed bank** · HOUSTON, TX · failed 1988-12-30 · SL · FDIC cost $1,520M

## What happened

UNITED SAVINGS ASSOCIATION OF TEXAS of HOUSTON, TX was closed by state regulators 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
- **Estimated FDIC DIF cost:** $1,520M
- **Deposits at failure:** $3,497M
- **Assets at failure:** $4,645M
- **Acquiring bank:** UNITED SA OF TEXAS FSB (HOUSTON, TX)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=UNITED%20SAVINGS%20ASSOCIATION%20OF%20TEXAS

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, UNITED SAVINGS ASSOCIATION OF TEXAS (FDIC ID 2058), failed 1988-12-30. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/2058.

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