LA HACIENDA SAVINGS ASSOC. Failed 1989

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

What happened

LA HACIENDA SAVINGS ASSOC. of SAN ANTONIO, TX was closed on 1989-03-02. The FDIC was named receiver.

Resolution: Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to FIRST COMMUNITY BANK (ALICE, TX). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2165
FDIC Certificate
31970
FDIC FIN
6985
Bank name
LA HACIENDA SAVINGS ASSOC.
Location
SAN ANTONIO, TX
Failure date
1989-03-02
FDIC resolution date
1990-05-04
Charter type
SL
Resolution type
Insured Deposit Transfer — insured deposits transferred to another bank
FDIC DIF cost (est.)
$119M
Deposits at failure
$116M
Assets at failure
$70M
Acquiring bank
FIRST COMMUNITY BANK (ALICE, TX)

Other banks FIRST COMMUNITY BANK acquired in FDIC resolutions