# BANKERS S & L ASSOC.

> **Failed bank** · GALVESTON, TX · failed 1989-03-09 · SL · FDIC cost $20M

## What happened

BANKERS S & L ASSOC. of GALVESTON, TX was closed by state regulators on **1989-03-09**. The FDIC was named receiver.

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

Deposits were transferred to **NCNB TEXAS NATIONAL BANK** (DALLAS, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2175
- **FDIC Certificate:** 27627
- **FDIC FIN:** 6960
- **Bank name:** BANKERS S & L ASSOC.
- **Location:** GALVESTON, TX
- **Failure date:** 1989-03-09
- **FDIC resolution date:** 1990-03-16
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $20M
- **Deposits at failure:** $115M
- **Assets at failure:** $106M
- **Acquiring bank:** NCNB TEXAS NATIONAL BANK (DALLAS, TX)

## Other banks NCNB TEXAS NATIONAL BANK has acquired in FDIC resolutions

- NBC BANK-KERRVILLE, NATIONAL ASSOC (KERRVILLE, TX) — failed 1990-06-01 — /failed-bank/2795
- NBC BANK-AUSTIN, NATIONAL ASSOC (AUSTIN, TX) — failed 1990-06-01 — /failed-bank/2794
- NBC BANK-HOUSTON, NATIONAL ASSOC (HOUSTON, TX) — failed 1990-06-01 — /failed-bank/2793
- NBC BANK-UVALDE, NATIONAL ASSOC (UVALDE, TX) — failed 1990-06-01 — /failed-bank/2792
- NBC BANK-BOERNE, NATIONAL ASSOC (BOERNE, TX) — failed 1990-06-01 — /failed-bank/2791
- NBC BANK-RIO GRANDE VALLEY, NA (MISSION, TX) — failed 1990-06-01 — /failed-bank/2790
- NBC BANK-SEGUIN, NATIONAL ASSOC (SEGUIN, TX) — failed 1990-06-01 — /failed-bank/2789
- NBC BANK-SAN ANTONIO, NATIONAL ASSOC (SAN ANTONIO, TX) — failed 1990-06-01 — /failed-bank/2788
- NBC BANK- SOUTH TEXAS, NATIONAL (CORPUS CHRISTI, TX) — failed 1990-06-01 — /failed-bank/2787
- THE HUNTSVILLE NATIONAL BANK (HUNTSVILLE, TX) — failed 1990-05-31 — /failed-bank/2783

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=BANKERS%20S%20%26%20L%20ASSOC.

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BANKERS S & L ASSOC. (FDIC ID 2175), failed 1989-03-09. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/2175.

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