SOUTHEAST TEXAS FSA Failed 1989

WOODVILLE, TX · SL · view on FDIC BankFind ↗

What happened

SOUTHEAST TEXAS FSA of WOODVILLE, TX was closed on 1989-03-16. 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
2247
FDIC Certificate
31262
FDIC FIN
7340
Bank name
SOUTHEAST TEXAS FSA
Location
WOODVILLE, TX
Failure date
1989-03-16
FDIC resolution date
1991-06-28
Charter type
SL
Resolution type
PO
FDIC DIF cost (est.)
$9M
Deposits at failure
$27M
Assets at failure
$31M
Acquiring bank
PAYOUT (NONE, NA)

Other banks PAYOUT acquired in FDIC resolutions