FIRST FS & LA OF WICHITA FALLS Failed 1990

WICHITA FALLS, TX · SL · view on FDIC BankFind ↗

What happened

FIRST FS & LA OF WICHITA FALLS of WICHITA FALLS, TX was closed on 1990-03-16. 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
2703
FDIC Certificate
29403
FDIC FIN
7311
Bank name
FIRST FS & LA OF WICHITA FALLS
Location
WICHITA FALLS, TX
Failure date
1990-03-16
FDIC resolution date
1991-06-07
Charter type
SL
Resolution type
PO
FDIC DIF cost (est.)
$17M
Deposits at failure
$88M
Assets at failure
$85M
Acquiring bank
PAYOUT (NONE, NA)

Other banks PAYOUT acquired in FDIC resolutions