# FIRST STATE SAVINGS

> **Failed bank** · SAN ANTONIO, TX · failed 1989-03-02 · SL · FDIC cost $308M

## What happened

FIRST STATE 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 **BANC ONE TX, NA** (DALLAS, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2158
- **FDIC Certificate:** 31765
- **FDIC FIN:** 6984
- **Bank name:** FIRST STATE SAVINGS
- **Location:** SAN ANTONIO, TX
- **Failure date:** 1989-03-02
- **FDIC resolution date:** 1990-05-04
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $308M
- **Deposits at failure:** $325M
- **Assets at failure:** $217M
- **Acquiring bank:** BANC ONE TX, NA (DALLAS, TX)

## Other banks BANC ONE TX, NA has acquired in FDIC resolutions

- FIRST FEDERAL SAVINGS OF CONROE (CONROE, TX) — failed 1990-05-18 — /failed-bank/2769
- CAPITOL CITY FEDERAL SAVINGS (AUSTIN, TX) — failed 1989-07-27 — /failed-bank/2457
- BENJAMIN FRANKLIN SA (HOUSTON, TX) — failed 1989-03-09 — /failed-bank/2191

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST STATE SAVINGS (FDIC ID 2158), failed 1989-03-02. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/2158.

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