TEXASBANC SAVINGS Failed 1990
What happened
TEXASBANC SAVINGS of CONROE, TX was closed on 1990-02-23. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to GUARANTY FSB (DALLAS, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2678
- FDIC Certificate
- 31660
- FDIC FIN
- 7379
- Bank name
- TEXASBANC SAVINGS
- Location
- CONROE, TX
- Failure date
- 1990-02-23
- FDIC resolution date
- 1991-08-02
- Charter type
- SL
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $326M
- Deposits at failure
- $386M
- Assets at failure
- $249M
- Acquiring bank
- GUARANTY FSB (DALLAS, TX)
Other banks GUARANTY FSB acquired in FDIC resolutions