STANDARD FSA Failed 1990

HOUSTON, TX · SL · view on FDIC BankFind ↗

What happened

STANDARD FSA of HOUSTON, TX was closed on 1990-01-18. 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
2621
FDIC Certificate
31052
FDIC FIN
7419
Bank name
STANDARD FSA
Location
HOUSTON, TX
Failure date
1990-01-18
FDIC resolution date
1991-08-26
Charter type
SL
Resolution type
PO
FDIC DIF cost (est.)
$10M
Deposits at failure
$15M
Assets at failure
$14M
Acquiring bank
PAYOUT (NONE, NA)

Other banks PAYOUT acquired in FDIC resolutions