# SPRING BRANCH S & LA

> **Failed bank** · HOUSTON, TX · failed 1989-03-09 · SL · FDIC cost $103M

## What happened

SPRING BRANCH S & LA of HOUSTON, 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 **COASTAL BANC SA** (HOUSTON, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2194
- **FDIC Certificate:** 30937
- **FDIC FIN:** 7154
- **Bank name:** SPRING BRANCH S & LA
- **Location:** HOUSTON, TX
- **Failure date:** 1989-03-09
- **FDIC resolution date:** 1990-08-31
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $103M
- **Deposits at failure:** $148M
- **Assets at failure:** $100M
- **Acquiring bank:** COASTAL BANC SA (HOUSTON, TX)

## Other banks COASTAL BANC SA has acquired in FDIC resolutions

- ALLIANCE S&LA (HOUSTON) (AUSTIN, TX) — failed 1988-05-13 — /failed-bank/1748
- CAMERON COUNTY S&LA (SAN BENITO, TX) — failed 1988-05-13 — /failed-bank/1747
- SECURITY S&LA (DICKINSON, TX) — failed 1988-05-13 — /failed-bank/1746
- COLORADO COUNTY FS&LA (COLUMBUS, TX) — failed 1988-05-13 — /failed-bank/1745

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=SPRING%20BRANCH%20S%20%26%20LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SPRING BRANCH S & LA (FDIC ID 2194), failed 1989-03-09. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/2194.

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