CAPROCK FEDERAL SAVINGS & LOAN Failed 1989

LUBBOCK, TX · SL · view on FDIC BankFind ↗

What happened

CAPROCK FEDERAL SAVINGS & LOAN of LUBBOCK, TX was closed on 1989-08-01. 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
2465
FDIC Certificate
32116
FDIC FIN
7185
Bank name
CAPROCK FEDERAL SAVINGS & LOAN
Location
LUBBOCK, TX
Failure date
1989-08-01
FDIC resolution date
1990-09-21
Charter type
SL
Resolution type
PO
FDIC DIF cost (est.)
$403M
Deposits at failure
$443M
Assets at failure
$436M
Acquiring bank
PAYOUT (NONE, NA)

Other banks PAYOUT acquired in FDIC resolutions