CENTURY SAVINGS & LOAN Failed 1989

BAYTOWN, TX · SL · view on FDIC BankFind ↗

What happened

CENTURY SAVINGS & LOAN of BAYTOWN, TX was closed on 1989-03-09. The FDIC was named receiver.

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

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

Key facts

FDIC ID
2204
FDIC Certificate
31707
FDIC FIN
6907
Bank name
CENTURY SAVINGS & LOAN
Location
BAYTOWN, TX
Failure date
1989-03-09
FDIC resolution date
1989-08-18
Charter type
SL
Resolution type
Insured Deposit Transfer — insured deposits transferred to another bank
FDIC DIF cost (est.)
$57M
Deposits at failure
$88M
Assets at failure
$59M
Acquiring bank
NCNB TEXAS NATIONAL BANK (DALLAS, TX)

Other banks NCNB TEXAS NATIONAL BANK acquired in FDIC resolutions