# CAPITOL CITY FEDERAL SAVINGS

> **Failed bank** · AUSTIN, TX · failed 1989-07-27 · SL · FDIC cost $215M

## What happened

CAPITOL CITY FEDERAL SAVINGS of AUSTIN, TX was closed by state regulators on **1989-07-27**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **BANC ONE TX, NA** (DALLAS, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2457
- **FDIC Certificate:** 31630
- **FDIC FIN:** 7172
- **Bank name:** CAPITOL CITY FEDERAL SAVINGS
- **Location:** AUSTIN, TX
- **Failure date:** 1989-07-27
- **FDIC resolution date:** 1990-09-14
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $215M
- **Deposits at failure:** $397M
- **Assets at failure:** $528M
- **Acquiring bank:** BANC ONE TX, NA (DALLAS, TX)

## Other banks BANC ONE TX, NA has acquired in FDIC resolutions

- FIRST FEDERAL SAVINGS OF CONROE (CONROE, TX) — failed 1990-05-18 — /failed-bank/2769
- BENJAMIN FRANKLIN SA (HOUSTON, TX) — failed 1989-03-09 — /failed-bank/2191
- FIRST STATE SAVINGS (SAN ANTONIO, TX) — failed 1989-03-02 — /failed-bank/2158

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=CAPITOL%20CITY%20FEDERAL%20SAVINGS

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CAPITOL CITY FEDERAL SAVINGS (FDIC ID 2457), failed 1989-07-27. Retrieved via AI Analytics 2026-07-06 from https://api.ai-analytics.org/failed-bank/2457.

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