# SUBURBAN SAVINGS ASSOC.

> **Failed bank** · SAN ANTONIO, TX · failed 1989-03-02 · SL · FDIC cost $29M

## What happened

SUBURBAN SAVINGS ASSOC. 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 **PLAZA BANK, NA** (SAN ANTONIO, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2159
- **FDIC Certificate:** 31874
- **FDIC FIN:** 7175
- **Bank name:** SUBURBAN SAVINGS ASSOC.
- **Location:** SAN ANTONIO, TX
- **Failure date:** 1989-03-02
- **FDIC resolution date:** 1990-09-14
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $29M
- **Deposits at failure:** $50M
- **Assets at failure:** $49M
- **Acquiring bank:** PLAZA BANK, NA (SAN ANTONIO, TX)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SUBURBAN SAVINGS ASSOC. (FDIC ID 2159), failed 1989-03-02. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/2159.

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