# GILL SA

> **Failed bank** · SAN ANTONIO, TX · failed 1989-02-07 · SL · FDIC cost $1,660M

## What happened

GILL SA of SAN ANTONIO, TX was closed by state regulators on **1989-02-07**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **SUNBELT SAVINGS** (DALLAS, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2088
- **FDIC Certificate:** 31503
- **FDIC FIN:** 7070
- **Bank name:** GILL SA
- **Location:** SAN ANTONIO, TX
- **Failure date:** 1989-02-07
- **FDIC resolution date:** 1990-06-15
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $1,660M
- **Deposits at failure:** $1,448M
- **Assets at failure:** $1,207M
- **Acquiring bank:** SUNBELT SAVINGS (DALLAS, TX)

## Other banks SUNBELT SAVINGS has acquired in FDIC resolutions

- BEXAR SAVINGS ASSOCIATION (SAN ANTONIO, TX) — failed 1989-03-02 — /failed-bank/2169

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=GILL%20SA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, GILL SA (FDIC ID 2088), failed 1989-02-07. Retrieved via AI Analytics 2026-07-01 from https://api.ai-analytics.org/failed-bank/2088.

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