# FIRST FEDERAL SAVINGS OF CONROE

> **Failed bank** · CONROE, TX · failed 1990-05-18 · SL · FDIC cost $30M

## What happened

FIRST FEDERAL SAVINGS OF CONROE of CONROE, TX was closed by state regulators on **1990-05-18**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **BANC ONE TX, NA** (DALLAS, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2769
- **FDIC Certificate:** 28944
- **FDIC FIN:** 7364
- **Bank name:** FIRST FEDERAL SAVINGS OF CONROE
- **Location:** CONROE, TX
- **Failure date:** 1990-05-18
- **FDIC resolution date:** 1991-07-19
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $30M
- **Deposits at failure:** $146M
- **Assets at failure:** $174M
- **Acquiring bank:** BANC ONE TX, NA (DALLAS, TX)

## Other banks BANC ONE TX, NA has acquired in FDIC resolutions

- CAPITOL CITY FEDERAL SAVINGS (AUSTIN, TX) — failed 1989-07-27 — /failed-bank/2457
- BENJAMIN FRANKLIN SA (HOUSTON, TX) — failed 1989-03-09 — /failed-bank/2191
- FIRST STATE SAVINGS (SAN ANTONIO, TX) — failed 1989-03-02 — /failed-bank/2158

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20FEDERAL%20SAVINGS%20OF%20CONROE

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST FEDERAL SAVINGS OF CONROE (FDIC ID 2769), failed 1990-05-18. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/2769.

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