# COLUMBIA FSA

> **Failed bank** · NASSAU BAY, TX · failed 1989-12-21 · SL · FDIC cost $36M

## What happened

COLUMBIA FSA of NASSAU BAY, TX was closed by state regulators on **1989-12-21**. 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:** 2598
- **FDIC Certificate:** 32390
- **FDIC FIN:** 7438
- **Bank name:** COLUMBIA FSA
- **Location:** NASSAU BAY, TX
- **Failure date:** 1989-12-21
- **FDIC resolution date:** 1991-09-13
- **Charter type:** SL
- **Resolution type:** PO
- **Estimated FDIC DIF cost:** $36M
- **Deposits at failure:** $71M
- **Assets at failure:** $77M
- **Acquiring bank:** PAYOUT (NONE, NA)

## Other banks PAYOUT has acquired in FDIC resolutions

- WESTSIDE BANK, FSB (LOS ANGELES, CA) — failed 1993-09-24 — /failed-bank/3477
- GOLDEN STATE FSB (IRVINE, CA) — failed 1993-08-13 — /failed-bank/3471
- VISTA FSA (CANOGA PARK, CA) — failed 1993-01-29 — /failed-bank/3436
- ADVANCED FSB (NORTHRIDGE, CA) — failed 1992-01-24 — /failed-bank/3262
- DAVY CROCKETT FS & LA (CROCKETT, TX) — failed 1991-09-13 — /failed-bank/3186
- FIDELITY FS & LA (AUSTIN, TX) — failed 1991-07-12 — /failed-bank/3142
- COLONIAL FSB (CRANSTON, RI) — failed 1991-05-10 — /failed-bank/3101
- SENTRY FSA (NORFOLK, VA) — failed 1991-05-03 — /failed-bank/3084
- ATASCOSA SA (JOURDANTON, TX) — failed 1990-11-30 — /failed-bank/2951
- LOUISIANA FEDERAL SAVINGS BANK (KENNER, LA) — failed 1990-11-09 — /failed-bank/2936

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=COLUMBIA%20FSA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, COLUMBIA FSA (FDIC ID 2598), failed 1989-12-21. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/2598.

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