# SAN JACINTO SAVINGS

> **Failed bank** · HOUSTON, TX · failed 1990-11-30 · SL · FDIC cost $1,701M

## What happened

SAN JACINTO SAVINGS of HOUSTON, TX was closed by state regulators on **1990-11-30**. The FDIC was named receiver.

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

Deposits were transferred to **UNITED SA OF TX, FSB** (HOUSTON, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2950
- **FDIC Certificate:** 31058
- **FDIC FIN:** 2124
- **Bank name:** SAN JACINTO SAVINGS
- **Location:** HOUSTON, TX
- **Failure date:** 1990-11-30
- **FDIC resolution date:** 1991-09-27
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $1,701M
- **Deposits at failure:** $2,895M
- **Assets at failure:** $2,870M
- **Acquiring bank:** UNITED SA OF TX, FSB (HOUSTON, TX)

## Other banks UNITED SA OF TX, FSB has acquired in FDIC resolutions

- BANCPLUS SAVINGS ASSOCIATION (PASADENA, TX) — failed 1989-03-09 — /failed-bank/2195

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=SAN%20JACINTO%20SAVINGS

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SAN JACINTO SAVINGS (FDIC ID 2950), failed 1990-11-30. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/2950.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*