PLANO S & L ASSOC. Failed 1989
What happened
PLANO S & L ASSOC. of PLANO, TX was closed on 1989-09-21. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to FIRST GIBRALTAR BANK, FSB (PLANO, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2513
- FDIC Certificate
- 31398
- FDIC FIN
- 7069
- Bank name
- PLANO S & L ASSOC.
- Location
- PLANO, TX
- Failure date
- 1989-09-21
- FDIC resolution date
- 1990-06-15
- Charter type
- SL
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $138M
- Deposits at failure
- $256M
- Assets at failure
- $274M
- Acquiring bank
- FIRST GIBRALTAR BANK, FSB (PLANO, TX)
Other banks FIRST GIBRALTAR BANK, FSB acquired in FDIC resolutions