AMERIWAY SAVINGS Failed 1989
What happened
AMERIWAY SAVINGS of HOUSTON, TX was closed on 1989-03-09. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to UNITED SA OF THE SW, FSB (HOUSTON, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2199
- FDIC Certificate
- 31413
- FDIC FIN
- 6995
- Bank name
- AMERIWAY SAVINGS
- Location
- HOUSTON, TX
- Failure date
- 1989-03-09
- FDIC resolution date
- 1990-05-11
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $208M
- Deposits at failure
- $237M
- Assets at failure
- $177M
- Acquiring bank
- UNITED SA OF THE SW, FSB (HOUSTON, TX)
Other banks UNITED SA OF THE SW, FSB acquired in FDIC resolutions