MISSION SA OF TEXAS Failed 1989

SAN ANTONIO, TX · SL · view on FDIC BankFind ↗

What happened

MISSION SA OF TEXAS of SAN ANTONIO, TX was closed on 1989-03-02. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to PAYOUT (NONE, NA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2156
FDIC Certificate
31656
FDIC FIN
6983
Bank name
MISSION SA OF TEXAS
Location
SAN ANTONIO, TX
Failure date
1989-03-02
FDIC resolution date
1990-05-04
Charter type
SL
Resolution type
PO
FDIC DIF cost (est.)
$84M
Deposits at failure
$101M
Assets at failure
$98M
Acquiring bank
PAYOUT (NONE, NA)

Other banks PAYOUT acquired in FDIC resolutions