SOUTHEASTERN SAVINGS ASSOC. Failed 1989

DAYTON, TX · SL · view on FDIC BankFind ↗

What happened

SOUTHEASTERN SAVINGS ASSOC. of DAYTON, TX was closed on 1989-03-09. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to PAYOUT (NONE, NA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2212
FDIC Certificate
31909
FDIC FIN
7135
Bank name
SOUTHEASTERN SAVINGS ASSOC.
Location
DAYTON, TX
Failure date
1989-03-09
FDIC resolution date
1990-10-26
Charter type
SL
Resolution type
PO
FDIC DIF cost (est.)
$80M
Deposits at failure
$73M
Assets at failure
$45M
Acquiring bank
PAYOUT (NONE, NA)

Other banks PAYOUT acquired in FDIC resolutions