# SAN ANTONIO SAVINGS

> **Failed bank** · SAN ANTONIO, TX · failed 1989-03-02 · SL · FDIC cost $821M

## What happened

SAN ANTONIO SAVINGS of SAN ANTONIO, TX was closed by state regulators on **1989-03-02**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST GIBRALTAR BANK, FSB** (DALLAS, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2140
- **FDIC Certificate:** 28410
- **FDIC FIN:** 6959
- **Bank name:** SAN ANTONIO SAVINGS
- **Location:** SAN ANTONIO, TX
- **Failure date:** 1989-03-02
- **FDIC resolution date:** 1990-03-09
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $821M
- **Deposits at failure:** $1,946M
- **Assets at failure:** $2,638M
- **Acquiring bank:** FIRST GIBRALTAR BANK, FSB (DALLAS, TX)

## Other banks FIRST GIBRALTAR BANK, FSB has acquired in FDIC resolutions

- SOONER FEDERAL SAVINGS ASSOC. (TULSA, OK) — failed 1989-11-16 — /failed-bank/2558
- PLANO S & L ASSOC. (PLANO, TX) — failed 1989-09-21 — /failed-bank/2513

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SAN ANTONIO SAVINGS (FDIC ID 2140), failed 1989-03-02. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/2140.

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