TEXAS WESTERN FEDERAL SAVINGS Failed 1989

HOUSTON, TX · SL · view on FDIC BankFind ↗

What happened

TEXAS WESTERN FEDERAL SAVINGS of HOUSTON, TX was closed on 1989-11-16. 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
2559
FDIC Certificate
28987
FDIC FIN
7136
Bank name
TEXAS WESTERN FEDERAL SAVINGS
Location
HOUSTON, TX
Failure date
1989-11-16
FDIC resolution date
1990-08-17
Charter type
SL
Resolution type
PO
FDIC DIF cost (est.)
$20M
Deposits at failure
$97M
Assets at failure
$116M
Acquiring bank
PAYOUT (NONE, NA)

Other banks PAYOUT acquired in FDIC resolutions