VILLAGE SAVINGS FSB Failed 1989

HOUSTON, TX · Savings bank · view on FDIC BankFind ↗

What happened

VILLAGE SAVINGS FSB of HOUSTON, 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
2214
FDIC Certificate
32014
FDIC FIN
6922
Bank name
VILLAGE SAVINGS FSB
Location
HOUSTON, TX
Failure date
1989-03-09
FDIC resolution date
1989-09-22
Charter type
Savings bank
Resolution type
Insured Deposit Transfer — insured deposits transferred to another bank
FDIC DIF cost (est.)
$116M
Deposits at failure
$155M
Assets at failure
$94M
Acquiring bank
NCNB TEXAS NATIONAL BANK (DALLAS, TX)

Other banks NCNB TEXAS NATIONAL BANK acquired in FDIC resolutions