TRAVIS SAVINGS & LOAN ASSOC. Failed 1990
What happened
TRAVIS SAVINGS & LOAN ASSOC. of SAN ANTONIO, TX was closed on 1990-06-29. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to INTERNATIONAL BANK OF COMME (LAREDO, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2833
- FDIC Certificate
- 27632
- FDIC FIN
- 7334
- Bank name
- TRAVIS SAVINGS & LOAN ASSOC.
- Location
- SAN ANTONIO, TX
- Failure date
- 1990-06-29
- FDIC resolution date
- 1991-06-21
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $53M
- Deposits at failure
- $274M
- Assets at failure
- $322M
- Acquiring bank
- INTERNATIONAL BANK OF COMME (LAREDO, TX)
Other banks INTERNATIONAL BANK OF COMME acquired in FDIC resolutions